1278 Monroe 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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Keller Williams Upstate NY Properties | $295,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
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Magic in the Mountains - A Cabin in the Forest – a retreat – a sanctuary – a play area – an escape to reconnect -- a dream…come true. When the urban restrictions on your time, space and freedom become all too much, you need a Catskill forest. A 1/4 mile off the road, this cabin has electricity, water, full septic, wood stove, full bath, sleeping spaces for at least 4, maybe more. Efficiency in a compact package. Primary floor w galley kitchen - electric stove, sink, fridge and cabinets. 40 square foot bathroom w tub shower, toilet and sink. 2 sliders open to deck, and wood burning stove. Pullout couch converts to a sleeping area. Pull-down stairs to upper loft space w 2 more beds, 1 queen and 1 full. Open (w railing) to heat below, space feels like a treehouse, but with much nicer finish! Constructed in 1994, a complete full basement was added in 2002, accessible from the outside. Small lawn, easy to care for w firepit. Trails traverse the perimeter of the parcel. 72 acres is yours just outside Delhi, NY,
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| Apr 15, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017