1734 Hoffman 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%.
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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Oct 28, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by Four Seasons Sotheby's International Realty | $489,000 | |
| Listed by Four Seasons Sotheby's International Realty | |||
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Where the Mountains Meet the Sky â€'' This one-of-a-kind Adirondack chalet is waiting for you, perfectly tucked into the natural beauty of the mountains. Built in 2005, it's a rare opportunity to own a true piece of Adirondack charm. Every detail has been thoughtfully curated, creating a home that fully embodies the spirit of this remarkable region.
If you've ever imagined life in the mountains, this property captures that dream. Featuring numerous bonus areas (the loft currently utilized as two bedrooms, the basement as a bedroom and over the garage as a bedroom and a half bath), an open floor plan ideal for gatherings, a cozy firepit for evenings under the stars, and direct access to the snowmobile trail system (no trailering!). Just a few miles from the hamlet of Schroon Lakeâ€''where shops, dining, and amenities aboundâ€''this retreat offers both tranquility and convenience. Close to Gore, Whiteface, high peaks- the possibilities here are endless, and every day feels like a vacation!
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Friedman Realty | $199,000 | |
| Listed by Friedman Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017