212 Phillips Street
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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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Christie's Int. Real Estate | $588,000 | |
| Listed by Christie's Int. Real Estate | |||
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This is the perfect colonial home on a beautiful cul-de-sac in Middletown NY! This colonial built in 2021, boasts 2760 sf of luxurious space including a full finished walkout basement with a full bath. With 4 spacious bedrooms and 3.5 modern bathrooms, there's plenty of room for everyone to relax and unwind. The primary bedroom features an ensuite bathroom and generous walk in closet. Every inch of this home is bright and airy, filled with natural light that filters through the many windows and highlights the stunning finishes throughout. The private backyard beckons you to enjoy the outdoors with friends and family, offering a peaceful retreat that is perfect for entertaining or simply relaxing. With its convenient location, this home is just minutes from shops, restaurants, and all the best that Middletown has to offer. Don't miss the opportunity to own this stunning family home!
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| Jun 16, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017