9 Read Avenue
About This Property
Eye catching features such as stone wall, garden gate, front porch greet you. Once inside, more charming details include herringbone wood flooring, stained glass windows, original oak woodwork & molding, built in cabinets with leaded glass, original butlers pantry. French pocket doors bring you to a bright great room with vaulted ceiling, bay window, French doors to lush backyard which is adjacent to park and short distance to Metro North Tuckahoe station. Also added in 2017, is a lovely full bathroom, tiled with Greek Thassos herringbone and blue Glassos tile, and a mudroom/laundry area. The tasteful kitchen offers quartz countertops, custom built banquette, and delightful tin ceiling with oak trim, GE Cafe oven and microwave as well as SS Refrigerator and dishwasher.
On 2nd floor, the unique primary suite features herringbone floor in bedroom, elegant and unique tiling design in bathroom and walk in closet.
More to explore with options on 2nd & 3rd floor for bedrooms, offices. Views of yard and park are wonderful! Deck and patio are perfect for entertaining.
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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 Crestwood
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$4,995 /mo
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$2,700 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017