2 Old House 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 |
|---|---|---|---|
| Mar 24, 2026 | Delisted | - | |
| Delisted | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Listed by Ronald E. Nettleton, Broker | $140,000 | |
| Listed by Ronald E. Nettleton, Broker | |||
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Discover your next project with this property awaiting your personal touch. Nestled on a spacious 0.75-acre cleared corner lot in rural Montgomery, it's a short drive to several highways, including I-90. The property offers a fresh canvas—ready for renovation and your creative vision. Inside, you'll find an open-concept layout featuring an eat-in kitchen that flows into a living room featuring a cozy wood stove. The home includes three bedrooms and one bathroom, plus a walkout basement that enhances convenience and potential for expansion. This property is perfect for those looking to make a house their own and enjoy the tranquility of rural living. Make this house your dream home!
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| Mar 27, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
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Address: 335 Madison Avenue, New York, NY 10017