62 Arthur Street
About This Property
The heart of the home is the grand living room, highlighted by a beautiful fireplace that creates a warm and inviting atmosphere. The spacious primary suite includes its own private full bathroom, providing a peaceful retreat at the end of the day. Generous living spaces throughout offer plenty of room for family, guests, a home office, or recreation.
Recent updates, including the roof and siding, provide added value and peace of mind. Ideally situated in a prime location close to parks, shopping, dining, major highways, and public transportation, this home combines convenience with the charm of one of Rockland County's most desirable communities.
Don't miss the opportunity to make this spacious home your own and enjoy all that the award-winning South Orangetown School District has to offer!
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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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Data Source: OneKey MLS
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