410 Decatur Avenue
About This Property
Over the past few years, the home has seen important upgrades including kitchen cabinetry and countertops, newer refrigerator and dishwasher, updated kitchen electrical, new light fixtures, recessed lighting, a new AC system (2024), exterior painting (2026) and yard drainage improvements. What truly sets this home apart is its rare setting backing directly to the park, offering beautiful views, added privacy, and a unique connection to nature yet conveniently located near downtown Peekskill's waterfront, restaurants, schools, shops, Metro-North, and major commuter routes. This is a wonderful opportunity to own a home with charm, functionality, and an exceptional location. Don't miss this one!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017