412 Storms Road
About This Property
private property on a lightly traveled road only 10 minutes from downtown Nyack. This
home has room to add a pool in the expansive rear yard. Oversized living room with wood burning brick
fireplace and surrounding built-ins shelves. Adjacent is the dining room which leads to a deck with serene sunset views
year-round. Nice sized primary bedroom has a full bath, walk-in closet, and a second clothes closet.
Lower lever offers great flexible space with newly renovated (2018) full ADA compliant bathroom for
easy access to shower and commode. No steps for easy access downstairs living. The lower level has a
large family room, bedroom and an additional bedroom/den with cedar closet. Dinner on the deck and sunsets are waiting! Additional Information: ParkingFeatures:2 Car Attached,
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2022 | In contract | - | |
| In contract | |||
| Jun 15, 2022 | Listed by Howard Hanna Rand Realty | $559,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Aug 26, 2016 | Sold | ||
| Sold | |||
| May 2, 2016 | Listed by Howard Hanna Rand Realty | $379,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Address: 335 Madison Avenue, New York, NY 10017