18 Mac Farlane 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 |
|---|---|---|---|
| Jan 23, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by RE/MAX Town & Country | $535,000 | |
| Listed by RE/MAX Town & Country | |||
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This multi-level, three bedroom, four bath home on 1.3 park-like acres, is conveniently located, off Route 9 in Wappingers Falls. As you come up the shared driveway it will open up to this secluded and serene property. Upon entering the main level, you'll find a welcoming entry, a charming living room with fireplace, and two spacious bedrooms, that have the original hardwood flooring. The main bath features a tub/shower combo with classic subway tile, and a beautiful tiled floor accent. The kitchen and dining area has luxury vinyl plank flooring. Directly off the kitchen is a multi-purpose three season sunroom, which would be perfect for your morning coffee, or quiet dinner. The lower level has an open area for a possible second living room, a family room or gaming space, as well as a separate office, and another bath with shower. There's also another large room , it's own private bath, and access to the park-like back yard, all located on the lower level. With a permit from the town, you could have an ideal accessory space with an efficiency kitchen. The utility/storage room and laundry are also on this level. The top floor (3 rd level) has extra bonus space with another bath. The exterior of this spacious cape cod style home, was updated in 2020 with Hardie board siding and cedar shake accents. There's also a three bay detached garage that can be used to keep your car out of the elements, or for ample storage, or a large work shop. And, if that's not enough, you also have a 12 x 16' shed for lawn equipment, etc. Don't miss this one with a beautiful private setting, it's alot of house to live and grow in.
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| Jun 1, 2023 | No longer available | - | |
| No longer available | |||
| May 31, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Apr 25, 2023 | Listed by RE/MAX TOWN & COUNTRY FK | $550,000 | |
| Listed by RE/MAX TOWN & COUNTRY FK | |||
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In Wappingers is a 3 bedroom 4 bath Cape Cod, w/2558 sqft & 3 car detached garage. Walk into the main floor & to your left find a large beautiful living area, hardwood flooring. Walk through to the stone deck currently use for wood storage. Stunning kitchen w/ white cabinetry, hardwood floors, island with stove that opens to a 3 season porch with access to an enormous back yard. Big full bath near the primary bedroom and 2nd bedroom with natural light through out. Downstairs another bedroom and full bath. Walk downstairs to the basement to a partial finished family room w/ own entry and full bath, 2 other additional unfinished storage rooms and big laundry room. Property has a new mini-split system and new Roof. Additional nice size playroom with it's own entry. Giant outdoor space with plenty of parking and 3 car garage including a shed for extra storage. Don't miss out a schedule a showing today! The manager has listed the unit size as 2558 square feet.
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About Dutchess
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$2,700 /mo
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$2,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017