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86 Highland Down
About This Property
Imported Custom Italian Kitchen: Featuring quality hand-crafted cabinetry and granite countertops, this beautiful kitchen is perfect for culinary enthusiasts. Master Suite: A charming retreat with a private wet bar, sliders to a deck with water views for enjoying your morning coffee or nighttime stargazing, a master bath, and a small washer & dryer exclusively for the master suite, making this a unique sanctuary for relaxation. Finished Basement: Extra living space with 8' ceilings, a large family room (or potential theater room), an additional bedroom and bath, and a full-size washer and dryer. Ideal for a guest or in-law suite. Converted Garage: Currently serves as an office/bedroom but can easily be reverted to its original use. Backyard: Ample space for outdoor enjoyment and a rear deck for entertaining or relaxing. Located a short distance from fine dining, North Shore wineries, and shopping, this home offers both tranquility and convenience. Don't miss the opportunity to own a slice of paradise with stunning waterfront vistas!
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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