161 Main Street
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.
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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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Dec 14, 2020 | Listed by The Merrill Bartlett Group | $439,900 | |
| Listed by The Merrill Bartlett Group | |||
| Aug 26, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2015 | Listed by The Merrill Bartlett Group | $349,900 | |
| Listed by The Merrill Bartlett Group | |||
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In the heart of Kingston’s historic district overlooking “The Plains”, Kingston’s ½ mile long common, this stately brick home combines the elegance of a 1788 home with the casual living of today. The updated eat-in kitchen with center island, sitting area & gas stove w/brick hearth has a “Great Room” feel. A 32’ by 16’ living room has built-ins, gas fireplace and gleaming pine floors. A formal dining room w/hardwood floor, mudroom, half bath, laundry & screened porch complete the 1st floor. 3 large bedrooms, full bath, office, & bonus room w/kitchen & bath are on the 2nd floor. The bonus room and 1 bedroom were used as an apartment. The 3rd floor has a bedroom & half bath. Updates include oversize furnace w/4 zones, hot water heater, leach field, windows, & vinyl siding. Oversize 3 car garage, 1.9 acres of land - the owners once had a large vegetable garden. The opportunity to own a home in this condition on “The Plains” is rare. Agent is related to the Seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017