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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Listed by Hall Collins Real Estate Group | $858,000 | |
| Listed by Hall Collins Real Estate Group | |||
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Sep 4, 2020 | Listed by Bassette Real Estate Group | $369,000 | |
| Listed by Bassette Real Estate Group | |||
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Loads of potential and privacy with almost 120 acres of protected land, forest, and rolling meadows. This 2 bedroom, one bath home has 2 more unfinished bedrooms upstairs and an unfinished bath upstairs. This home is sited in a private quiet meadow with beautiful trails just 5 minutes to the Sharon I-89 exit. Quick access to the Upper Valley for shopping and employment. The land will enjoy protective covenant in perpetuity regarding no further subdivision, no clear cutting (117 acres are actively in Current Use now), and some hunting & firewood privileges will be extended to a neighbor who has managed the forest for decades (this will be by agreement not by deed restriction). Enjoy peaceful coexistence with nature and the abundant wildlife, and expand on the practical upgrades that the house could use on the second level. There is a large lower level garage, and a modern System 2000 oil fired boiler, and a newer water softener system tied into the drilled well. The wrap around deck looks out on your private domain so bring your ideas for some interior upgrades and invest in your future. Extra practical storage exists with the numerous sturdy outbuildings too!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017