37 Colby Avenue
About This Property
Enjoy the tranquil backyard outdoor oasis as you step out to an oversized wooden deck overlooking a perfectly flat, private backyard-ideal for summer BBQs, sports, and outdoor play. The central location is hard to beat - a commuter dream ! Enjoy the safety of a quiet neighborhood with no thru-traffic. Unparalleled convenience is right in your backyard-simply open the back gate for an incredibly easy walk to Osborn Elementary, Rye Middle, Rye High, and the Harrison Metro-North train station!
Don't miss the opportunity to secure a move-in ready contemporary home, with expansion potential, in one of the most sought-after & welcoming neighborhoods in Rye !
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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