303 Townsend Road
About This Property
Welcome to the Hillside Lake Community. Charming cottage style house with Lake Frontage. Year round retreat or weekend getaway just minutes from the Taconic State Parkway. Open floorplan with an abundance of natural light. Beautiful backyard overlooking the lake for quiet enjoyment or entertaining guests. Kick back on the sunporch enjoying a cocktail while watching the sunset. Close to shopping, schools, restaurants, Dutchess county Rail Trail, and all the Hudson Valley has to offer. This is a very special place. Your Lake house is waiting so come take a look.................
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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