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9 Three Sisters Road
About This Property
The inviting floor plan features a formal living room, formal dining room, family room, and bonus room perfect for a home office or playroom. Hardwood floors run throughout the home, complemented by two beautiful wood-burning fireplaces and a full-length attic for exceptional storage.
The cherry and granite kitchen features updated appliances, while the renovated bathrooms offer granite double vanities and custom flooring. Recent updates include a new heating system and central air (2022), brand new hot water heater, 200-amp electric, roof (2021), and Andersen windows, including dormers, replaced in 2021.
Exterior highlights include cedar siding, a charming front portico, wood deck, bluestone patio, wood fencing, gazebo, and a 10-zone in-ground sprinkler system. The expansive backyard offers plenty of room for entertaining or a future pool.
This is a rare opportunity to own a spacious, move-in-ready Colonial in the prestigious Village of Head of the Harbor, offering classic character, quality updates, exceptional privacy, and an unbeatable North Shore location.
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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