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8 Persimmon Lane
About This Property
The main level features 9 ft ceilings, a gracious formal living room w/ wood burning fireplace and marble surround, a spacious dining room that opens seamlessly to the kitchen-complete with sliding glass doors leading to a private deck. The kitchen flows effortlessly into a cozy family room with custom built-ins and gleaming hardwood floors, creating the perfect setting for everyday living and entertaining. Upstairs, you'll find two generously sized bedrooms and a bright hall bath, along with a serene primary suite featuring a tray ceiling, two walk-in closets, and a spa-like bath with a jetted tub, glass-enclosed shower, and double sinks. The lower level offers wonderful bonus space-ideal for a playroom, gym, home office, or guest suite. Whether you're just starting out or looking to downsize, this home combines comfort, convenience, and timeless style-all just minutes from downtown White Plains, shops, train, and major highways.
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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