5973 State Route 97
About This Property
Inside, the layout is open and easy, with oversized Pella windows bringing in beautiful natural light. This kitchen lives up to being the heart of the home, featuring raw edge shelving, thoughtful built-ins, a large pantry, top notch stainless steel appliances, and a seamless flow into the living space. Pocket doors throughout offer ultimate flexibility-open things up for entertaining or close them off for a quieter, cozier feel. Up the custom staircase, the primary suite features a large walk-in closet and a clever laundry chute that drops straight into a dedicated laundry room below- a small detail you'll appreciate daily.
Efficiency, comfort, and longevity were clearly top of mind during the restoration. Energy-efficient mini-split systems keep things ice cold in the summer and cozy in the winter, paired with top-grade insulation and spray foam for year-round climate performance.
Outside, the setting is just as considered. A partially fenced yard, established landscaping, and a dedicated firepit area create an easy, low-maintenance space for relaxing or hosting. Beyond that sits a beautiful sea of ferns and a lovely pond over 5 feet deep at its center-perfect for quiet reflection. Thoughtfully restored by one of Narrowsburg's most beloved contractors, this is a rare home where the hard work has already been done-and done exceptionally well.
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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