183 Basel Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 25, 2022 | Sold | ||
| Sold | |||
| May 23, 2022 | In contract | - | |
| In contract | |||
| Apr 23, 2022 | Listed by Howard Hanna Rand Realty | $699,900 | |
| Listed by Howard Hanna Rand Realty | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 20, 2018 | Listed | $549,000 | |
| Listed | |||
| | |||
|
This home was built for relaxation, conversation, creation, and maximum enjoyment of the surrounding natural landscape -- and is only 75 miles from the GW Bridge. Built by a sculptor/builder and an interior designer/landscaper as their family home in 2006, this special property has been lovingly maintained and is essentially a piece of art itself. The long drive from the street ensures privacy and quiet enjoyment of the home and incredible back patio (looking out over a site they had planned to put a pool!). Mature plantings lend color and lushness to the landscape. The open kitchen/dining/living room has a woodstove inset at counter height and surrounded by handmade tiles that casts a magical glow throughout the high-ceilinged room in winter -- and heats most of the house. The master bedroom has cathedral ceilings, a walk-in closet, and a gas fireplace that screams for breakfast in bed -- and the jack-and-jill bathroom shared with the second bedroom on this floor (also with cathedral ceilings and a loft) has two vanities and a walk-in shower in addition to the clawfoot tub. Downstairs is another bedroom and full bath. The other side of the house holds a massive artist studio (not counted in the square footage) and an accessory apartment with an open kitchen/living room, loft, large bathroom, and bedroom. Plenty of space for guests! Pine Bush is an adorable little hamlet with a great grocery store, farmer's market, vegan Chinese restaurant, ice cream stand, gastropub and more -- plus you'll be even closer to Cragsmoor for hiking at Sam's Point (part of the Minnewaska State Park) and within easy distance of all sorts of fun places to eat, drink, hike, meander, shop, and whatever else you like to do! The manager has listed the unit size as 2782 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017