49 Sharon Drive
About This Property
The cozy living room features hardwood floors, a wood-burning fireplace, and a large picture window that floods the room with natural light. The main level also includes two generously sized bedrooms with hardwood floors and an updated full bath. Upstairs, you'll find two charming bedrooms with dormers, hardwood floors, and an additional full bath. Split central A/C units keep you comfortable during the warmer months, while the full, unfinished basement offers ample storage space and outdoor access via a Bilco door.
With excellent curb appeal and meticulous landscaping, this home has undergone numerous recent upgrades, including a new roof, gutters, dishwasher, washer, dryer, oil tank, repaved driveway, and fencing. Conveniently located near shops, restaurants, colleges, hospitals, bus stops, Metro North, the riverfront, and the Walkway Over the Hudson. A sweet home with nothing to do but move in!
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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