2111 FIRST ST
About This Property
This meticulously maintained ranch home in desirable Middletown offers small-town living with big-city convenience. Just steps away from the town hall, community park, vibrant Main Street shops and restaurants, this delightful property boasts easy access to I-81 and I-66 for commuting or travelling.
The main level includes a spacious primary bedroom with a large walk-in closet, perfect for creating your own private retreat. A second bedroom features a charming built-in twin bed with integrated shelves, ideal for a young person or those young at heart.
The lower level adds two expansive finished rooms with built-in cabinets beneath the stairs, offering additional living space or the perfect home office or hobby area. The unfinished portion provides ample storage and a dedicated workshop area with a convenient walkout to the backyard.
Outside, relax and entertain on the deck or the adjoining patio, both overlooking the large backyard. The 500 sq ft pole barn provides the ideal space for car enthusiasts, hobbyists, or extra storage.
Don't miss this opportunity to embrace the idyllic small-town lifestyle with all the conveniences you are looking for!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Dream | $335,000 | |
| Listed by Dream | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017