2 Schulte Road
About This Property
A covered porch in the front leads to an open floorplan living and kitchen, leading to a deck in the rear with mountain views. Vaulted ceilings and a wood burning fire place give the living room a warm and inviting feeling. A partially finished walk-out basement, 2 car built in garage and 3 car detached garage. Next to the garage there is a wood burning furnace also connected to the heat and hot water system. This is in addition to the oil fueled heating system
Located in the Town of Neversink, it has the lowest taxes in Sullivan county due to it being home to tow NYC reservoirs. Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,3 Car Detached,
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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 |
|---|---|---|---|
| Jan 21, 2019 | Sold | ||
| Sold | |||
| Aug 31, 2018 | Listed by Keller Williams Realty | $315,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017