3 Tundra Terrace
About This Property
The main residence features generous, light-filled living spaces and a functional layout ideal for everyday living and entertaining. The finished lower level includes a 1 bed accessory apartment with private entrance, full kitchen, living area, and full bath - ideal for family or multi-generational living.
Located within the highly regarded Cornwall School District and just minutes to local parks, walking trails, the Hudson River waterfront, and the vibrant village area with shops, restaurants, and community events. Easy access to Route 9W, I-84, and major commuter routes makes this an excellent location for NYC commuters.
A rare opportunity offering space, flexibility, and a prime Cornwall location.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017