38 Hale Place
About This Property
Upon entering, you're welcomed into a spacious foyer that leads to the heart of the home. The main level features a beautifully updated eat-in kitchen with abundant cabinetry, generous counter space, and an effortless flow into the dining room, perfect for everyday meals or entertaining. Just off the kitchen is the spectacular family room, designed for gathering and making memories. Featuring exposed wood beams, recessed lighting, a stunning floor-to-ceiling brick fireplace with custom built-ins, and walls of windows overlooking the backyard, this inviting space is truly the centerpiece of the home.
Just a few steps up, the sun-filled formal living room showcases a soaring vaulted ceiling, creating a bright and open atmosphere that's perfect for relaxing or entertaining guests.
The third level offers four generously sized bedrooms, including an oversized primary suite complete with an en-suite bathroom featuring a custom glass-enclosed shower. An updated full hall bathroom serves the additional bedrooms.
The basement provides excellent storage and endless possibilities for a home gym, recreation room, workshop, or hobby space. An attached two-car garage and oversized driveway offer added convenience and ample parking.
Step outside to enjoy the large, level, fully fenced backyard with plenty of space for entertaining, outdoor activities, or creating your own private retreat. A welcoming covered front porch and beautiful curb appeal complete this move-in ready home.
Ideally located in the heart of Tappan within the award-winning South Orangetown Central School District, this exceptional home is just minutes from parks, restaurants, shopping, major highways, and only a short commute to New York City, offering the perfect combination of location, space, and lifestyle.
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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