87 Reed Avenue
About This Property
This home has tremendous natural light & has room for all. Large living room, formal dinning room, and a renovated eat-in-kitchen. Special feature of the 1st floor is the den w/ a fireplace which can double as the 5th bedroom of the house. All the bathrooms have also been updated with modern fixtures and finishes, providing a luxurious and relaxing atmosphere. *Best part of the house is the fully finished nearly 1K sq ft basement - could be a movie room or another hangout space.*
With its prime location, stunning features including a large flat yard, this 4-bedroom home in Westchester is the perfect place to call home. *some virtually staged furniture* Additional Information: ParkingFeatures:1 Car Attached,
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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