6 Beech Street
About This Property
The living room includes custom LED lighting, ledgestone propane fireplace, and remote-controlled shades. A drop-down entertainment room offers surround sound and sleek tile flooring. The gourmet kitchen features granite waterfall counters, stainless steel appliances, an Electrolux propane stove with pot filler, a roll-out pantry, and custom cabinetry. Two guest bedrooms with LVP flooring, ceiling fans, and ample closet space, plus a modern guest bath with rain shower and heated toilet.
Finished basement with tiled floors, full bath, office with closet, and private entrance. Utility room with W/D, smart water heater, 200-amp service, and central air/heat. Updates include: 50-year roof (8 yrs), rubber flat roof (6 yrs), all new windows, and city water. Two-story carriage house offers flexible storage or workspace. Covered 2-car carport.
??Fully furnished option available!
Schools include Balmville Elementary, South Junior High & Newburgh Free Academy
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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