122 Main 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 |
|---|---|---|---|
| Jul 19, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Bird Real Estate | $239,000 | |
| Listed by Bird Real Estate | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $299,900 | |
| Listed | |||
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This home, on the National Historic Register, was built in 1798 by Simeon Smith for his wife, specifically for entertaining their guests. It features a spectacular ballroom on the second floor with handcarved woodwork by the famous architect William Sprats and his artisans. This property is the companion home to the Simeon Smith mansion close by. Fine architecture detail throughout that features a fully fashioned cove ceiling in the Georgian Ballroom, hand carved dentil interior and exterior with Georgian paneling. With almost 15 acres of woods and meadows, it makes this unique property a must see. The manager has listed the unit size as 3400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017