1211 Ames Hill 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%.
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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 |
|---|---|---|---|
| Sep 23, 2019 | Sold | ||
| Sold | |||
| Apr 16, 2019 | Listed by Berkley & Veller Greenwood Country | $299,000 | |
| Listed by Berkley & Veller Greenwood Country | |||
| Nov 9, 2018 | No longer available | - | |
| No longer available | |||
| May 25, 2018 | Listed | $398,000 | |
| Listed | |||
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This spacious contemporary home is now priced almost $50,000 below town assessment! Located on Ames Hill, this home is just over 5 miles from Marlboro College and the Marlboro Music Festival. Privately sited on 4.9 acres of land with a mix of forest, level and sloping yard, a sweet gazebo and a lovely view to Mt. Monadnock. There is a deeded easement to maintain the view and potential exists to open up a much wider view. There are blueberry bushes and a lovely hillside of perennials and wildflowers. A floor to ceiling, brick fireplace is the focal point of the main living space with kitchen/dining open concept adjoining. If you work from home, need a studio or prefer a large master suite, there is a huge bonus room adjoining the kitchen for whatever you choose. Convert to an Airbnb studio rental? A loft above the bedroom areas provides a great extra play space for the kids, additional office (would have great view if dormered) or just use for storage. With 5 heat zones, you can control the way you want to heat the home and enjoy the passive solar benefits from the southern exposure. This home is a solid, well built home. Just imagine what some flooring upgrades will do to make this unique home even more special. The pictures don’t do it justice, so add this one to your must see list! Great Ames Hill location! The manager has listed the unit size as 2564 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017