35
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545 Ridgeway
About This Property
Features & Highlights:
Colonial Charm: Classic architecture with great bones and curb appeal
Move-In Ready with Potential: Enjoy the home as-is or reimagine it with modern updates
Spacious Layout: Comfortable living spaces perfect for families or individuals
Low Taxes: Located in a low-taxed town, offering exceptional value
Ideal for Investors & Homebuyers: Customize the space to fit your vision
Nestled in a desirable neighborhood, this White Plains home offers endless potential in a sought-after location. This prime location is so close to the White Plains downtown with so much access to several parks and shops. Close to school, Major highways and close proximity to Metro North make for easy commuting. Whether you're looking to restore its original beauty, upgrade to your preferences, or settle in with minimal cosmetic work, this is an opportunity you don't want to miss!
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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