1484 Hardscrabble Road
About This Property
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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 2, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Mar 17, 2024 | Listed by Keller Williams Upstate NY Properties | $325,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
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This 1900s ROXBURY FARMSTEAD ON 29+ FABULOUS ACRES consists of 2 parcels, is bordered on 2 sides by DEP land, contains a 2+- ac pond, and is bordered in the back by a trout stream--also has 1375 feet of town road frontage. The house and dairy barn need substantial work, but this is a great opportunity to rehabilitate this unique property--the panoramic views from all locations on the property are exceptional, and it is located just minutes from the "happening" town of Roxbury. (Roxbury Arts Group, Roxbury Lodging Group, restaurants, coffee shops, new grocery store, Plattekill Ski Center). The 2516 sq ft farmhouse consists of two floors, a large country kitchen, dining/sitting area, living room, den, 4 bedrooms and one bathroom. It needs a full reno and a roof. There is a DEP septic system and a drilled well. The large dairy barn needs a roof. Some brush-hogging would bring the fields (90% fields, 10% wooded) right back. Lots of deer sign, bear, turkey--a deer blind on the property. This is a great one-of-a-kind opportunity for the right buyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017