132 Covered Bridge Road
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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%.
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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.
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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 28, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | In contract | - | |
| In contract | |||
| Nov 13, 2023 | No longer available | - | |
| No longer available | |||
| Nov 13, 2023 | Listed by BHG Real Estate Green Team | $959,000 | |
| Listed by BHG Real Estate Green Team | |||
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Welcome to 132 Covered Bridge Road: a spectacular example of 19th century architecture located just 10 minutes outside of the Village of Warwick. Built circa 1800 the house is situated on 5 acres of beautiful grounds. This property has all the charm of the old world and all the conveniences of modern updates. The wide plank flooring and multiple fireplaces are quick to grab your attention, while the modern kitchen, new furnace and spa-like bathroom ensure the comforts of home. With multiple, expansive rooms there is plenty of room for entertaining or host a dinner party in the large dining room. Cozy up next to the pellet stove or grab a book and head into the lower level office or enjoy the sunshine on your patio. Upstairs boasts 6 bedrooms and 3 full baths - room for all. Roof completed in 2022. There are 2 separate barns for storage, potting/gardening space or a workshop. If you are a lover of historical homes or looking to open a bed and breakfast..... this home offers many opportunities for all!
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| Oct 13, 2023 | Relisted | $984,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017