1161 Two Mile Road
About This Property
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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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by Howard Hanna Professionals | $350,000 | |
| Listed by Howard Hanna Professionals | |||
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Discover your dream retreat nestled on 78.45 acres in the serene countryside of Allegany, NY. This charming 3-bedroom, 1.5-bathroom home offers the perfect blend of rustic charm and modern convenience. Step inside to find gleaming hardwood floors throughout, leading to an expansive living room warmed by a cozy wood stove, perfect for chilly evenings. The first floor features two comfortable bedrooms and a full bathroom, providing convenient single-level living. Upstairs, the second floor offers a private bedroom complete with a half bathroom, ideal for guests or a tranquil office space. The home includes a full, walkout unfinished basement, providing ample storage or potential for additional living space. Outside, enjoy the convenience of a detached 2-car garage. The vast property is predominantly wooded, offering endless exploration and privacy, with picturesque open fields surrounding the home. A brand-new septic tank has just been installed, ensuring worry-free living for years to come. This idyllic property is your gateway to peaceful, country living with all the comforts of home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017