88 Rymph Road
About This Property
The updated front facade makes an immediate impression, with enlarged windows that flood the home with natural light and give it a fresh, modern presence from the street. Inside, the layout is as functional as it is inviting. A warm living room centers on a cozy stone fireplace. Three generously sized bedrooms and a main level laundry keep everything on one floor, exactly where you want it. A flexible den works just as well as a home office, playroom, or guest space, and the whole home simply flows.
What truly sets this property apart is the quality of its updates and the genuine peace of mind they bring. The roof is less than two years old. There is 200 amp electrical service, central air, new floors and a whole home generator. Two complete washer and dryer setups add a rare and practical touch, thoughtfully configured for multigenerational households or anyone who appreciates a home that has been carefully considered at every turn. The full unfinished basement rounds things out with abundant storage and real potential for a recreation room, workshop, or future finished space.
A generous level backyard surrounded by mature trees completes the picture. Zoned for the Arlington School District and minutes to Hyde Park, Rhinebeck, and the Taconic, the location is as convenient as the home is comfortable.
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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%.
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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