2 Stowe Road #2
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 |
|---|---|---|---|
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by Coldwell Banker Res Brokerage | $49,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
| | |||
|
Well Situated Professional Medical/Office Building | nice mix of all types of professional services Near Hudson Valley Hospital, Shopping Center and Main Access Roads. Building has an Elevator & Available Services 24/7. This space is located on the first/ground floor and has Lots of windows for nice light plus private entrance directly into the unit along with Front and Rear entrances to building. Common charges $498.12/Month which does include heat/water plus plenty of free parking. Nice space, usable office space is approximately 699 Sq. Ft plus the common area/hall bathroom. Taxes are in the process of being grieved. The manager has listed the unit size as 699 square feet.
| |||
| Jan 30, 2020 | Listed by Coldwell Banker Realty | $49,000 | |
| Listed by Coldwell Banker Realty | |||
| Jan 21, 2020 | No longer available | - | |
| No longer available | |||
| Jan 9, 2020 | Relisted | $62,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/26/2023
|
Loft
|
-
|
-
|
$250,000
Loft
-
|
$150,000
-40.00%
04/19/2024
|
PATRICIA ARNDT
WILLIAM RAVEIS NEW YORK LLC SO
| |
|
01/17/2023
|
Loft
|
-
|
-
|
$450,000
Loft
-
|
-
-
|
PATRICIA ARNDT
WILLIAM RAVEIS NEW YORK LLC SO
| |
|
04/11/2020
| |
Loft
|
-
|
-
|
$49,000
Loft
-
|
-
-
|
Tim Layburn
Coldwell Banker Res Brokerage
|
|
01/30/2020
|
Loft
|
-
|
-
|
$49,000
Loft
-
|
$38,000
-22.45%
01/22/2021
|
Janet L. Barry
Coldwell Banker Res Brokerage
| |
|
10/20/2018
|
Studio
|
-
|
1075 ft²
|
$150,000
Studio
-
1075 ft²
|
-
-
|
Janet L. Barry
Coldwell Banker Res Brokerage
| |
|
08/30/2018
|
Studio
|
-
|
1200 ft²
|
-
Studio
-
1200 ft²
|
-
-
|
Janet L. Barry
Coldwell Banker Res Brokerage
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017