53 Mayer Drive
About This Property
Ascend a small set of stairs and discover the second great room. A huge space with tray ceiling and large Palladian feature window. A theatre room with surround sound that could easily transform into the play or hobby room of your dreams. Second floor master suite maintains a large den / office area, kingsize bedroom with gas fireplace and tray ceiling, coffee / wine bar, his and her walk-in-closets and an impressive ensuite bath.
There are three additional bedrooms and two full baths. There are hardwood floors under the carpets in the bedrooms. Laundry is housed in the basement as is a bonus room that is currently being used as a home gym.
Suffern / Montebello offers a highly rated school system and easy NYC commuting options via train or bus. Additional Information: ParkingFeatures:2 Car Attached,
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017