73 Sands Avenue
About This Property
The home features 4 bedrooms and 2 baths, along with a charming butler's pantry and two staircases leading to the second level. A former third bath has been thoughtfully converted into a laundry room conveniently located on the bedroom floor.
The first level blends classic character with modern updates, including a remodeled kitchen with granite countertops and an airy, light-filled living room with sliding doors that open to a custom stone patio. A formal dining room adds a touch of traditional charm.
A standout feature is the two-level, two-car garage. Its expansive upper floor offers endless potential-studio, art room, private office, entertainment space, playroom, or hobby workshop.
Just one block from the heart of the hamlet, you'll have easy access to local shops, restaurants, and a lively hotspot known for afternoon gatherings and visiting food trucks. Best of all, the Hudson River is only a short stroll away, making this a quintessential Milton home with both history and comfort woven throughout.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017