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137 Washington Avenue
About This Property
The flexible floor plan includes a formal dining room, bright living room, and a sunroom filled with natural light--perfect for a home office, reading room, or relaxing retreat. Generous room sizes throughout provide the ideal canvas for customization while preserving the home's classic character. Recently installed roof (10/25).
Located in the Village of Cobleskill near local restaurants, shops, SUNY Cobleskill, schools, parks, and community amenities, the property also offers convenient access to Albany and the Capital Region. Outdoor recreation, hiking, breweries, scenic Schoharie County views, and small-town charm are all nearby.
Home is being sold as-is. Some finishing work remains, and foundation repairs will be needed, making this a great opportunity for investors, renovation-minded buyers, or anyone looking to restore and personalize a classic village home with strong upside potential.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017