927 2nd Street
About This Property
Ideal for a large household, this gem of a home has all the space you could want- even room for two home offices! 3 bedrooms on the first floor and 2 bedrooms on the second floor and a full bathroom on each level will accommodate an extended household easily. A front porch and a grassy backyard make this a great opportunity to enjoy the outdoors and have very little maintenance. Low taxes, City Water & Sewer are other perks you will enjoy! Peekskill is a diverse community and the only City in Westchester County north of White Plains. We've got great restaurants, the beautiful Riverfront Green on the banks of the Hudson River and a thriving hub of artists and entrepreneurs. Live the best of both worlds! Peekskill is just under one hour to NYC and features Bike paths, parks and water sports! So much to enjoy and explore! Advance notice is required so plan ahead!
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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