222 Indiana RD
About This Property
Recent improvements include a partially upgraded primary bathroom, new interior paint, updated light fixtures, and a refreshed kitchen featuring new countertops, sink, and brand-new appliances: stove, microwave, and dishwasher. The half bath has been updated with a new cabinet, and a new garage door and motor adds convenience and peace of mind. A newly built well house enhances the property's functionality.
Flooring includes cozy carpet in the bedrooms, classic Saltillo tile, and durable laminate throughout the rest of the spaces.
Enjoy the tranquility and privacy of this scenic property while still having room to make it your own. A rare opportunity to own acreage with charm and updates already in place!
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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 |
|---|---|---|---|
| Aug 13, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Price Decreased |
$349,999
↓ $30K
(7.9%) | |
| Price Decreased | |||
| May 19, 2026 | Price Decreased |
$379,999
↓ $10K
(2.6%) | |
| Price Decreased | |||
| May 8, 2026 | Listed by Watters International Realty | $389,999 | |
| Listed by Watters International Realty | |||
| Aug 28, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017