445 Storms Road
About This Property
Outside, the magic continues with a backyard that feels like a personal retreat. Enjoy the expansive patio, gather around the fire pit, and make use of the practical storage shed. Positioned for ultimate convenience, this home is less than an hour from NYC, providing easy access to the city while offering a peaceful, secluded atmosphere. A short drive or bike ride brings you to the picturesque trails and beaches of Rockland Lake State Park, Hook Mountain State Park, and Nyack Beach State Park. The vibrant downtown Nyack, with its eclectic shops and charming cafes, is also just moments away.
This property is an invitation to a lifestyle of comfort, convenience, and natural beauty. Additional Information: Amenities:Storage,
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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