6 Patricia Lane
About This Property
Depending on your mood, you can choose from the spacious living room and the lower-level rumpus with a bar or move out to the three-season sunroom and admire the lush backyard. The kitchen is open to the dining area with any eager cook sure to appreciate the stone countertops, gorgeous wood cabinetry and suite of modern stainless steel appliances.
There is a master bedroom, with an ensuite, along with a large laundry room, ceiling fans, generous closets and a two-car garage for added convenience. You will love to host guests on the sunny patio with space for a fire pit or head out and explore this renowned region of New York. Nearby golf courses, world-class wineries, restaurants and picturesque hiking trails are all at your fingertips and ready for you to explore. Additional Information: ParkingFeatures:2 Car Attached,
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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