126 Old Route 55 Route
About This Property
Property also has a detached oversized garage with half bathroom downstairs and 2 room workshop/office/ hobbyist room above that is fully climate controlled and has 100-amp subpanel. Completely insulated and finished upstairs.
State of the art septic system installed, water system has been replaced, new electric panel 200 amps, interior electrical updates as well.
Part of the land is wooded with walking trails, riding trails, quads, horses etc. and water brook running.
All within 3 miles of downtown Pawling and just a half mile from Appalachian Trail, Nuclear Lake, and the new Empire State Rail Trail. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Nov 22, 2021 | In contract | - | |
| In contract | |||
| Aug 11, 2021 | Price Decreased |
$449,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Aug 4, 2021 | Price Decreased |
$459,000
↓ $6K
(1.3%) | |
| Price Decreased | |||
| Jul 20, 2021 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017