1314 State Route 208
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 |
|---|---|---|---|
| May 6, 2022 | In contract | - | |
| In contract | |||
| Apr 13, 2022 | Relisted | $469,000 | |
| Relisted | |||
| Apr 13, 2022 | Price Increased |
$469,000
↑ $20K
(4.5%) | |
| Price Increased | |||
| Sep 14, 2021 | Price Decreased |
$449,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| Aug 11, 2021 | Listed by Rita Levine Real Estate | $469,000 | |
| Listed by Rita Levine Real Estate | |||
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WALLKILL - HILLTOP PRIVACY - FABULOUS HOME WITH ACCESSORY APARTMENT AND 20X60 GARAGE, WORKSHOP WITH ELECTRIC ON 4.5 ACRES and views of the Shawangunk Mountains. Fabulous opportunity to own this 3,258 square foot home with a separate two-bedroom, ground level apartment. The main house is a spacious contemporary two story offering 2,373 square feet with three bedrooms and 2.5 bathrooms. This home was completely renovated in 1996 with new siding insulation, electric underground service, interior wiring, heating and air conditioning, windows and sheetrock. New well. Spacious open concept kitchen and family room. Wood burning fireplace in dining room. The master bedroom has an en-suite bath and tons of closets. All rooms are very large. Front and back rocking chair porches, hardwood and parquet floors and central air. The roofs on the garage-workshop, and house were replaced within the last 4 years. The septic system was also replaced to accommodate the two bedroom apartment. The ground level apartment is a separate unit offering 885 square feet with kitchen, living room, 2 bedrooms and 1 bathroom. Lots of opportunity here for anyone needing a large home ideal for mother/daughter, in-law suite, or income apartment. This property has so much potential. Mostly open land w/some wooded area. Minutes to Mohonk & Minnewaska State Park, New Paltz, Gardiner, area farm stands, wineries and restaurants with local fare. Ideal commuter location near all major roads. Easy access to Stewart International Airport and Metro North Train to New York City.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017