2 Hill 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 |
|---|---|---|---|
| Dec 6, 2019 | Sold | ||
| Sold | |||
| Jul 31, 2019 | Listed by J. Barrett & Company | $599,000 | |
| Listed by J. Barrett & Company | |||
| Jun 29, 2016 | Sold | ||
| Sold | |||
| May 18, 2016 | Listed by J. Barrett & Company | $485,000 | |
| Listed by J. Barrett & Company | |||
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This completely renovated Waterfront property is peacefully nestled at the top of Hill Rd. A generous size lot on Chebacco Lake offers true serenity and privacy. The house has been stripped down to the studs and meticulously updated inside and out with new windows, insulation, electrical, plumbing, drywall, and exterior cedar shingles. Furthermore it has new paint and wood floors all throughout, a beautifully custom designed new kitchen and two new tasteful baths. The first floor offers an open layout with access to a year round enclosed porch and a brand new deck overlooking the lake. The 2nd floor has three bedrooms and one fully renovated bath. The home offers lake views from most of the rooms and there is 50 feet of lake frontage with another direct lakefront deck and dock. All that is required is to move right in and enjoy modern luxury of today with the tranquility and beauty of lakeside living.
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| Sep 22, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017