197 Schutt 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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jul 4, 2024 | Relisted | $280,000 | |
| Relisted | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Coldwell Banker Realty | $280,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to this charming 3 bedroom, 1 bath home located in the heart of Middletown, NY. This cozy property features a spacious living area with plenty of natural light, perfect for entertaining friends and family. The kitchen boasts modern appliances and ample storage space for all your culinary needs.The bedrooms are well-appointed with comfortable layouts. Outside, the backyard offers a peaceful oasis with room to garden or simply relax in the fresh air. Conveniently situated near local schools, parks, and shopping centers, this home is ideal for those seeking a comfortable and convenient lifestyle in Middletown.Don't miss out on this fantastic opportunity to make this house your forever home
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017