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9 Beverly Road
About This Property
Upstairs, an oversized loft creates the perfect flex space for a home office, media room or play area. The spacious primary suite offers a walk-in closet that's large enough to double as a nursery, and luxurious bath, while two additional large bedrooms share a beautifully appointed hall bath with double vanity. A walk-up attic provides exceptional storage or future finishing possibilities. The full basement offers high ceilings, two egress windows, finished luxury vinyl flooring, waterproofed walls, and fiberglass egress window safety grates, providing outstanding flexibility for recreation, fitness or future living space. Outside, the professionally landscaped property has been transformed into a private backyard retreat with white vinyl fencing, landscape lighting, a fire pit gathering area, playground with PlaySafe rubber mulch and a beautifully maintained lawn. Extensive smart home upgrades include Yale smart locks, security cameras, alarm system, smart thermostat with heat pump, whole-house water filtration, custom Elfa closet systems, professionally installed cordless Graber blinds and elegant crown molding throughout much of the home. Located just minutes from Metro-North, major commuter routes, shopping, parks, golf, hiking and the Hudson River waterfront, this exceptional home offers modern living in one of Cortlandt Manor's most convenient locations.
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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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About Westchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017