16 Hillis Terrace
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 |
|---|---|---|---|
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Listed by RE/MAX Town & Country | $269,000 | |
| Listed by RE/MAX Town & Country | |||
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Charming 3-Bedroom, 1.5-Bath Ranch located in the Town of Poughkeepsie. This adorable home is situated on over half an acre of level property with plenty of rear yard privacy. Upon entry, take notice of the spacious sunlit living room with sprawling hardwood floors. Just off the living room you will find a spacious den/library/office area with more hardwood floors and lovely floor to ceiling bookshelves. This room is a perfect location to work from home or for kids to have a quiet area for their schoolwork. The kitchen provides plenty of natural light, plenty of counter space and an abundance of cabinet storage. Off the kitchen you will find the formal dining area which provides a great space for family dinners or entertaining guests. The full unfinished basement and walk up attic offer a ton of room for additional storage. This home is located in a great commuter location. Close to Route 9, Metro North, shopping and restaurants. Come add your own personal touches and make this your own!
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| Jul 22, 1996 | Sold | ||
| Sold | |||
Property Highlights
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About Dutchess
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$3,600 /mo
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$1,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017