3 Reigate Place
About This Property
Welcome to this beautifully restored home in the desirable community of Suffern Park. Nestled just 30 miles from NYC, with easy access to the Thruway and NJ Transit's Suffern Station (featuring both local and express stops), this classic 1940 residence blends timeless charm with modern comfort.
A graceful flagstone walkway and front patio lead you to the entry of this lovingly restored home. Inside, you'll find oak hardwood floors, arched doorways, and thoughtful updates throughout.
The formal living room is a cozy retreat, complete with a bay window and a newly installed Nova wood-burning fireplace insert. The dining room offers built-in storage, ideal for entertaining guests with ease.
A sunlit, windowed kitchen provides a second entrance that opens to the back garden and a deck-perfect for summer gatherings or quiet mornings with coffee.
Downstairs, the finished lower level offers impressive flexibility. Currently used as a den and entertainment space with a bar, it can easily be transformed into a guest suite or spacious family room. You'll also find a walk-in pantry, laundry area, and a bathroom stall on this level. The attached one-car garage is equipped for electric vehicle charging.
This home offers both charming classic character and modern convenience in one of Rockland County's most charming neighborhoods. This is a broker-owned home.
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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