18 Studio Hill Road
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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 |
|---|---|---|---|
| Sep 24, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Houlihan Lawrence Inc. | $625,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Unique 3 BR, 3 Full Bathroom mid-century modern ranch home with a finished walk-out lower level. Located on a cul-de-sac street, this home offers beautiful exposed wood & beam vaulted ceilings throughout the main level & hardwood floors as seen. New Roof in 2023, New gas HVAC system in 2020. Two large wooden Decks, one on each level make for easy entertaining & seasonal wooded views. Young wall oven (2022) & stove top (2020). Front to Back, sunlit Great Room with Living and Dining areas, offering a beautiful stone wood-burning Fireplace, sliding glass doors to a Deck and a new front Anderson picture window (2023). Updated quartzite, double-sink vanity in the upstairs Hall Bathroom in 2016. For the handy homeowner, you will appreciate the large work station area inside the oversized two-car garage. New railings on the flagstone front steps. Step inside and feel right at home. Close to parks (including the Lynn McCrum Ballfield in Briarcliff), as well as shops, restaurants & bus transportation. See attached survey and special features sheet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017