118 Depot Place
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%.
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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.
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 |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Mar 30, 2025 | Listed by Howard Hanna Rand Realty | $985,000 | |
| Listed by Howard Hanna Rand Realty | |||
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This Classic 1890's Village Victorian is located on one of South Nyack's most charming and historic streets . Depot Place was originally developed in the 19th century for Northern Railroad workers and their families. Rated 100% for walkability, It's an easy and flat walk right into downtown Nyack, and all of the parks and the river. Renovated to preserve many of the original architectural details, including broad moldings, high ceilings, plaster ceiling medallions, beautiful hardwood floors, thick original marble on both fireplace mantels and intricate details on the exterior gables. The sweet front porch has trailing roses which are magically fragrant in summer. The eat in Chefs kitchen features a large stainless range, and butcher block and marble counters. The formal dining room can easily accommodate a large table plus a sitting area. The living room features soft southern and eastern exposures, a vintage marble mantel and is both spacious and welcoming as you enter this beautiful home. The primary bedroom is ensuite and features a unique dressing room plus a sitting room. There are an additional two bedrooms and a bath on the second floor, plus 2 more cozy rooms on the third floor. Mature flower gardens surround this home with rich color, and there is also a sweet and sunny area to curate a vegetable garden. The yard is fenced in and abuts the walking path. A free standing garage provides possibilities for storage or with some vision an artists/writers studio. Upper Nyack Elementary.
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| Oct 24, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2019 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017