3 Mckinley Place
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Oct 22, 2021 | Listed by Coldwell Banker Realty | $609,000 | |
| Listed by Coldwell Banker Realty | |||
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This classic American Cape is set on nearly .5 acre of park-like grounds in Ardsley, one of the most appealing locales in Lower Westchester. This is a home you will never outgrow. Ready for the creative eye, 3 McKinley Place can be re-designed within its current footprint or gracefully expanded and still leave room for a potential pool and outdoor recreation. Flanked by mature trees, enjoy breezes on the covered front porch. Interior highlights include a living room featuring an authentic fieldstone wood-burning fireplace and hardwood flrs, a roomy retro kitchen with sunny views to the side lawn, and a nostalgic 3-season screened-in porch, perfect for al fresco dining and entertaining. A walk-out basement with windows provides loads of potential for recreation or home office. A picturesque stone retaining wall carves out a generous, bucolic side yard, while privacy is ensured by a woodland buffer bordering the rear grounds. Adjacency to an award-winning public school and a short jaunt to all of the vibrant Rivertowns, should bring 3 McKinley Place to the top of your list.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017