127 Plain Street
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by J. Derenzo & Associates, LLC | $575,000 | |
| Listed by J. Derenzo & Associates, LLC | |||
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A truly unique property with so many lifestyle options including, but not limited to, an equestrian property, chickens, goats, vegetable gardens etc. Charming cape home set on nearly 2 acres featuring a 4-stall barn with fully fenced paddock, chicken coop and riding ring! The house has a flexible open floor plan with a fantastic cabinet packed fully applianced kitchen and large center island which opens to the dining & fireplaced living room. The dining room has a vaulted ceiling, overhead fan and access to both the front and back yards. The first floor offers a large main bedroom and the full bath. The second floor has 2 rooms perfect as a teen suite, office or playroom. The level lot has a fully fenced backyard with a firepit and plenty of space perfect for entertaining or quiet nights at home. The yard continues on to the barn with 4 stall Dutch doors and a separate tack/feed room. There is power and water for easy care. The stalls open to a paddock and riding ring(160' x 86' apprx)
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| Jan 7, 2022 | Sold | ||
| Sold | |||
| Nov 25, 2021 | Listed by J. Derenzo & Associates, LLC | $399,999 | |
| Listed by J. Derenzo & Associates, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017