33
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9 Starview Avenue
About This Property
The expansive grounds create a true private oasis, ideal for entertaining or simply enjoying peaceful moments surrounded by nature. Lush landscaping, mature plantings, and meticulously maintained lawns provide stunning curb appeal and a serene setting year-round.
Inside, you're welcomed by an open floor plan, vaulted ceilings with beautiful exposed beams, a stone fireplace and three bedrooms, including a primary with renovated en-suite. Since purchasing the home seller has upgraded electric, changed the boiler, replaced the flooring, and had the whole deck repaired. Home also comes with deeded access to Lake Oscawana with a yearly association fee.
Conveniently located near parks, hiking trails, and commuter routes, This home presents a rare opportunity to enjoy the beauty and tranquility of Putnam Valley while still being close to everything.
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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