3 Lewis Road
About This Property
The home's thoughtful layout includes a two-car garage with an additional garage bay, providing rare versatility for storage, projects, or workspace needs. Just off the garage, a bonus room offers a flexible extension of the home, well suited for a home office, studio, or creative space set apart from the main living areas while remaining easily accessible.
Outside, the level lot provides a clean, open setting within the cul-de-sac, offering space to enjoy the outdoors in a way that feels both open and manageable.
Located just minutes from the Taconic State Parkway, the home combines a comfortable residential setting with the convenience of an efficient daily commute.
A property designed to adapt to how life is lived, offering space, flexibility, and a sense of ease from the moment you arrive.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017