Sullivan
124 Griffin Road
$298,000
●
House -
Off Market
124 Griffin Road
Forestburgh, NY 12729
1 Bed
1 Bath
750 Ft²
$336,510
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
A stunning property on a rare find road in Forestburgh, NY. The
bucolic road leading to Griffin House sets the ambience for the
rest of your day or weekend. Take a walk, all you hear are birds &
see abundant wildlife meandering. The home offers a Scandinavian
aesthetic with a warm, cozy comfortable feeling, move in ready!
High end appliances, laundry room, open kitchen, new Essleman
septic, new oil tank, new water pump and filtration, NEW roof 4/21.
Fantastic light coupled with woods...the most enchanted house of
its kind on the current market. Love it as it is or live in it and
build a new home and use it as your guest cottage. Just 90 mins
from GWB. SBL#28.-1-4 & SBL#28.-1-5.2 - 2 lots 0.34 ac & 2.35 ac =
2.69 acres. 10 minutes to the NJ Transit train station to NJ & NYC.
Catskill Mountains offers Trout fishing on the Neversink river,
hiking 6,500+ acres of state land in the Neversink Unique Area,
Kayaking, rafting, mountain bike trails, golfing, Bethel Woods
Performing Arts/Museum, Forestburgh Playhouse, Resort World Casino,
Kartrite Resorts Waterpark, breweries, wineries, antique shops and
great farmer markets. Additional Information: HeatingFuel:Oil Above
Ground,ParkingFeatures:1 Car Attached,
Unit Size
750 Ft²
Days on Market
-
Land Size
2.69 acres
Price per sqft
$399
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (OneKey MLS #KEYH6084351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Price Decreased |
$299,000
↓ $26K
(8%) | |
| Price Decreased | |||
| Jan 8, 2021 | Price Increased |
$325,000
↑ $26K
(8.7%) | |
| Price Increased | |||
| Nov 23, 2020 | Listed by Pennywise Properties | $299,000 | |
| Listed by Pennywise Properties | |||
| | |||
|
A stunning property on a rare find road in Forestburgh, NY. The bucolic road leading to Griffin House sets the ambience for the rest of your day or weekend. Take a walk, all you hear are birds & see abundant wildlife meandering. The home offers a Scandinavian aesthetic with a warm, cozy comfortable feeling, move in ready! High end appliances, laundry room, open kitchen, new Essleman septic, new oil tank, new water pump and filtration, NEW roof 4/21. Fantastic light coupled with woods...the most enchanted house of its kind on the current market. Love it as it is or live in it and build a new home and use it as your guest cottage. Just 90 mins from GWB. SBL#28.-1-4 & SBL#28.-1-5.2 - 2 lots 0.34 ac & 2.35 ac = 2.69 acres. 10 minutes to the NJ Transit train station to NJ & NYC. Catskill Mountains offers Trout fishing on the Neversink river, hiking 6,500+ acres of state land in the Neversink Unique Area, Kayaking, rafting, mountain bike trails, golfing, Bethel Woods Performing Arts/Museum, Forestburgh Playhouse, Resort World Casino, Kartrite Resorts Waterpark, breweries, wineries, antique shops and great farmer markets.
| |||
| Aug 26, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017