147 ALTAMONT 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%.
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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.
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 |
|---|---|---|---|
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Feb 12, 2019 | Listed by HEATHER CRONER RE-SOTHEBY'S ML | $8,500,000 | |
| Listed by HEATHER CRONER RE-SOTHEBY'S ML | |||
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GRACE HILL FARM. One of the most desirable properties in Millbrook, NY. A world of its own set on 5 deeds and 119 secluded acres with 6 ponds, stream and miles of trails for walking and riding. Neatly maintained gardens surround the English style main house mixing with a more natural landscape before merging with fenced paddocks, grand prix field and a recently built state-of-the-art equestrian facility which includes a 14-stall stable, an indoor arena and luxurious viewing room splendidly appointed to accommodate large gatherings. Reached by a private driveway the 3 bedroom main house, once featured in Architectural Digest, is set on a hillside overlooking the property. Adjacent to the house is a swimming pool and pool house, guest cottage, play house (with recording studio and gymnasium) and family stable. Separately sited another 3 bedroom guest house and 4 bedroom early farmhouse each with its own driveway but contiguous complete this supremely private domain. All meticulously maintained to the highest standards.,AboveGrade:3500,Unfinished Square Feet:500,InteriorFeatures:Beamed Ceilings,Walk-In Closets,French Doors,ROOF:Wood Shingles,Below Grnd Sq Feet:500,Level 1 Desc:EF, 1/2 B, LR W/FP, DR, LIBRARY W/FP, K W/FP, MUDROOM.,Level 2 Desc:MBR W/FP & 2 BTHS. 2 OTHER BR, EACH W/BATH.,ExteriorFeatures:Cabana,Gazebo,Outside Lighting,Landscaped
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017