205 LOCUST GROVE 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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Relisted | $379,900 | |
| Relisted | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by McEnearney Associates, LLC | $379,900 | |
| Listed by McEnearney Associates, LLC | |||
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Welcome to 205 Locust Grove Rd situated on 0.62 acres in Shenandoah Shores subdivision. Nestled in the beautiful Shenandoah Valley and bordering the Shenandoah River, Shenandoah Shores is a private community offering river access, boat landing and picnic area for residents to enjoy. As you step inside, you'll find 3 bedrooms, 2 baths, with the potential for a 3rd bathroom on lower level. The house boasts vaulted ceilings creating an airy and open atmosphere throughout the living spaces, hardwood floors, and a soaking tub in primary bath to relax after a long day. Whether you're hosting gatherings or enjoying quiet evenings, the layout provides a welcoming environment for all occasions. The lower level is completely finished with a recreational area, laundry, and a utility room. Experience the tranquility of country living with the convenience of nearby amenities for hiking, biking, canoeing, fishing and more! NO HOA. This property is an a Sanitary District. These fees are collected on the real estate taxes and go towards maintaining the streets, street signs and water supply. This subdivision has a community well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017