85 George Street
About This Property
This home boasts a full custom bar that transports you straight to Ireland, offering the perfect setting for entertaining. Generous storage and low taxes make this an exceptional find! Two full baths, a recently updated 50-year architectural roof (one layer), and a deck overlooking beautifully manicured grounds add to the appeal. Relax on the large wood porch, surrounded by custom designer pavers and lush gardens.
Located in Babylon Village, enjoy amenities such as the village pool, golf course, docking, and easy access to the railroad. Just minutes from vibrant restaurants, shops, and transportation. Come see this classic designer home-you'll fall in love!
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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