402 S HARRISON ROAD
About This Property
The upper level offers three bedrooms, an updated full bath with a walk-in shower, a bright living room with recessed lighting, a dining area, and a refreshed kitchen featuring tile flooring, white cabinets, quartz countertops, and new stainless steel appliances. The lower level includes a large recreation room, two additional bedrooms, a second full bath, and a laundry/storage room.
Enjoy outdoor living with a rebuilt deck, a paver patio, and fully fenced rear and side yards. Two sheds, including a barn-style shed with loft, provide ample storage. Major updates include roof (2019), HVAC (2011, recently serviced), water heater (2016), most windows (2020), and fresh paint throughout.
Move-in ready with plenty of space inside and out, this home combines comfort, updates, and a convenient Sterling location.
The property is in good condition and is part of an estate sale, being sold "AS-IS."
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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