80 Sparkill Avenue
About This Property
Level backyard with goldfish pond, seating areas, garden shed and fenced vegetable garden. Barn, with electricity and heat, that once served as a painting studio. It can inspire your creative work too under its old beams, loft, and multi-paned windows. A pathway leads to a peaceful wooded hillside.
Steps to the artsy hamlet of Sparkill, which boasts restaurants, a foodie's taco truck, wine shop, coffee bar and yoga studio, and to Piermont, a Rivertown destination for city cyclists and daytrippers. Additional Information: Amenities:Guest Quarters,Storage,
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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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About Sparkill
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017