129 Griffin 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 |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| Oct 31, 2020 | Listed by Pennywise Properties | $689,000 | |
| Listed by Pennywise Properties | |||
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On a serene country road this tastefully renovated 1870 Farmhouse is surrounded by 12.65 acres of bucolic forest with river frontage on the Neversink River. The home has old world charm with original tin ceilings, hand hewn beams and wide plank floors. Upon entering the home, you will see it is bathed daily with natural light. 1st floor Kitchen, dining room, Living room, Den, office/bedroom with a sleeping loft, half bath and laundry room. 2nd floor tranquil Master bedroom with skylights, 3 additional good size bedrooms and 2 full bathrooms. Enclosed porch, large decks in ground pool and gardens makes this home perfect for year-round entertaining. Newly installed whole house water filtration system There is an original classic Black Smith barn, pool house, bird aviaries, 2 car garage, Iron gate and stockade fencing for privacy. Ancient trees, stone walls, rolling meadows makes this one of the perfect quintessential Farmhouses in the Town of Forestburgh with 100 Ft of River frontage on the Neversink River as per survey.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017