38 Stallion Trail
About This Property
The expansive primary suite offers double walk-in closets and an en-suite updated bathroom complete with double sinks, a soaking tub, and a separate shower. Three additional generously sized bedrooms including a large bonus room/bedroom over the garage, A wide hallway, full bathroom, and a pull-down attic completes the upper level.
A large partially finished basement offers plenty of space for recreation, including a room with double closets, a fitness/exercise area, boiler room, and a large storage room.
Step outside to enjoy your private backyard oasis, featuring a heated saltwater in-ground pool and a spacious patio, perfect for entertaining and summer fun and a brand new roof with transferable warranty. Set on a beautifully landscaped, level lot, this exceptional property is located just minutes from North Salem Schools, scenic riding trails, stores & highways. A perfect home for extended families and anyone seeking comfort, space, and style.
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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