42 Bridle Road
About This Property
LOW TAXES!!! Colonial house on 1.18 acre. Walk in to an elegant foyer with grand staircase. French doors open to a great room with vaulted ceilings, original moldings, & 2 functional wood burning fireplaces. Guest bedrooms with full baths and private entrances located on the 1st floor. 2nd floor Master suite has updated, full bath plus a sunken in sitting room/nursery. 4 additional bedrooms with Jack & Jill bathrooms. 3rd floor has a beautiful, renovated laundry room, 2 additional bedrooms, a playroom, plumbing for bathroom and kitchen. New 4 zone heating/cooling system. In-ground lap pool, outdoor changing room with bathroom. NEWLY FINISHED THIRD FLOOR, WITH NEW ELECTRIC PLUS PLUMBING FOR BATHROOM AND KITCHEN.
YOU DON'T WANT TO MISS OUT ON THIS!!!
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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%.
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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.
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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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About New Hempstead
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