1384 Route 55
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 12, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Houlihan Lawrence Inc. | $400,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Discover the potential of this incredible property spanning nearly 25 acres of sprawling countryside in the beautiful Town of Lagrange. Whether it's with the current home that's awaiting extensive renovation or the opportunity to build anew, seize the chance to bring your dream residence to life. Embrace the prospect of crafting your ideal living space amidst the tranquility of this stunning landscape, where the only limit is your imagination. Just 2 minutes to Taconic State Parkway. Also just minutes to the Town Center (restaurants, groceries, etc.) as well as the Dutchess Rail Trail. Don't miss this amazing opportunity!
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| Jan 30, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017