102 Iron Mountain Road
About This Property
This home is nestled in the mountains of Orange County. Warwick is considered by many to be the apple capital of the Hudson Valley, boasting countless orchards and a very famous annual Applefest. The downtown area has a delightful display of eclectic shops & eateries. In recent years, the community has become a farm-to-table, winery and brewery epicenter. Whether you are in town for a day, a weekend, or forever, it's an upstate town you'll love to its core. Don't miss the opportunity to own a part of local history! Additional Information: Amenities:Soaking Tub,Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Dec 27, 2022 | In contract | - | |
| In contract | |||
| Oct 11, 2022 | Listed by Keller Williams Realty | $460,000 | |
| Listed by Keller Williams Realty | |||
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Historic early 1800s home, on 2 acres of private property in the highly desirable Iron Mt. Road. Once the home to Cornelious Jones & his family (one of the earliest recorded families in Warwick) and to one of the heirs of the Lazear Mines. The original name of the road where this home is located was Mt. Tabor but, the name was changed after the discovery of iron along the mountain. It's said that the ore found was pure in quality and that silver was also mined at one point. This home is nestled in the mountains of Orange County. Warwick is considered by many to be the apple capital of the Hudson Valley, boasting countless orchards and a very famous annual Applefest. The downtown area has a delightful display of eclectic shops & eateries. In recent years, the community has become a farm-to-table, winery and brewery epicenter. Whether you are in town for a day, a weekend, or forever, it's an upstate town you'll love to its core. Don't miss the opportunity to own a part of local history!
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| Sep 27, 2022 | Listed by Keller Williams Realty | $460,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017