197 Macy Road
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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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by MXN Real Estate, LLC | $649,000 | |
| Listed by MXN Real Estate, LLC | |||
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Charming home centrally located in the desirable Chilmark Neighborhood in Briarcliff Manor. Spacious first floor comprised of kitchen overlooking family room w/fireplace, dining room, living room, and bathroom. The master bedroom includes an en-suite bathroom and spacious closets. Two additional bedrooms and a hall bath completes the second level. Third floor bonus space with endless possibilities and walkout lower level features flexible finished space. Large bluestone patio overlooking serene backyard with mature specimen plantings. Plenty of storage with 2-car garage, workroom, and shed. Close proximity to Chilmark Park, shops, stores, and Metro North. An incredible offering.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017