637 North Street
About This Property
Original wide plank flooring and a colonial style fireplace are among the period features of the home in living room, dining room and den. The kitchen, breakfast area and family room are open and flooded with natural sunlight and a wall of glass with door to rear yard.
In another wing of the home there is a library/office with custom built ins. There is a large fourth bedroom and full bath. This wing is perfect for a nanny or in law. It also can be used for a home office.
The home is set on a landscaped acre of property framed with a fish pond, gardens and specimen trees. A picket fence and circular driveway add to the charm of this home. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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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%.
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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