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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Price Decreased |
$229,999
↓ $20K
(8%) | |
| Price Decreased | |||
| Aug 14, 2024 | Listed by Howard Hanna Rand Realty | $249,999 | |
| Listed by Howard Hanna Rand Realty | |||
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Welcome to this charming 3-bedroom, 1-bath home built in 1955 is nicely nestled on the shoulder of Schunnermunk Mountain in Monroe, NY. This property is situated on a large 6,499 sq ft lot, offering privacy and a strong connection to nature. As you step inside, you will be greeted by a cozy foyer and a bonus room. The spacious living room seamlessly flows into an oversized kitchen, perfect for entertaining guests or simply unwinding at the end of the day. The dormered oversized upstairs room serves as a wonderful master suite, complete with its own heating zone and ample storage/closet space. There is ample parking with a double carport in front of the home, and a private driveway leading to a private garage. The property also boasts its own well for year-round water supply. Community amenities, such as a playground and basketball courts that are located just down the road. Included is an additional 1000 sq. ft lot Tax ID# 332089.033.000-0001-061.000/0000 (located on the left hand side of the property). Don't pass up the chance to own this affordable mountain hideaway! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached, ConstructionDescription: Vinyl Siding,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017