8549 CONCORD RD
About This Property
The main floor is thoughtfully designed for convenience and comfort, featuring the primary bedroom with ensuite bath, a cozy living room with a gas fireplace, and an eat-in kitchen that seamlessly flows into the dining area. Unique design touches, include a built-in dry bar with fridge, adding a touch of sophistication to your entertaining spaces. The sunroom, filled with natural light, invites you to unwind and enjoy the picturesque views. A half bath with laundry completes the main level.
Upstairs, discover three additional living spaces, each with its own character, along with a full bath. New windows throughout ensure a bright and welcoming atmosphere and take advantage of the river and aquatic bird views from both floors. Outside, embrace the beauty of riverfront living with a rear deck, an outdoor shower, and dock-perfect for enjoying nature in complete privacy.
This designer's dream is a rare find, offering the best of both worlds: timeless appeal with modern comforts in a stunning riverside setting. The price includes most furnishings, an equipped kitchen, and bedding, making this home truly move-in ready.
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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