32 Reade Street
About This Property
Features:: Master bedroom w/ master bath, plenty of sunlight throughout the entire house. Kitchen w/ radiant heating system under ceramic tiled floors. New stainless steel appliances, dishwasher, new cabinets, granite counter tops, limestone backsplash, recess lights, etc.. Dining room, Living room w/ working fireplace, hardwood floors, crown moldings, enclosed porch / party room in back with door to backyard... perfect for entertaining. Semi finished walk out basement (plenty of storage) with door to back yard, high ceilings, full bath & washer + dryer. Close to all... (Banks, stores, places of worship, schools, restaurants, Starbucks, etc..) 5 minutes drive & park to Metro North Train Station, 2 minutes to Saw Mill Pkwy with connection to many other major highways & much, much more... Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,
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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%.
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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.
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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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About Nepera Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017