85 Alpine Road
About This Property
Great location, close to all! You have a 4-minute drive to Crestwood train station and a 6-minute drive to Tuckahoe train station.
Roof installed 2022 with a one-time transferrable 50-year warrantee, New Gutters-2022; Gas Water Heater-2020; Vinyl Siding-2016 with a one-time transferrable lifetime warrantee; Alarm System; Central Air and Forced Heat; Wood and Tile Floors; Irrigation System; and Lots of Closet Space - Taxes do not reflect $980 Star Credit if applicable. Additional Information: Amenities: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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017