353 Berea Road
About This Property
Finer points of this home include hardwood floors, abundant storage, 4 zone heat and 4 zone central air, newer septic, new well pump, newer appliances and a whole house generator Located within the award winning Valley Central School District and just 90 minutes from the heart of NYC. Minutes from I84, I87 and Stewart International Airport. Local nearby attractions include Legoland, City Winery, Bethel Woods Performing Arts, Casino, waterpark, Shawangunk Mountains, Angry Orchard Cider.
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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