8 Concord Road
About This Property
bedroom with walk-in closet and trendy bath with double vanity; three additional bedrooms (w/ nursery/office option), and a shining shared bath with glass-enclosed shower. The second level can be transformed into a sweeping master bedroom suite with adjacent Bedroom/office/nursery. The basement offers endless rec, office and storage space. Features to the home: 1st floor bedroom, cent air, fenced yard, fireplace, hardwood floors, home office, lots of storage and master suite. Home Highlights: close to village shops/schools/highways/public transportation, and all that this the community has to offer! Award winning Ardsley Schools! Additional Information: ParkingFeatures:1 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017