2228 Dry Pond 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%.
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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 18, 2024 | Sold | ||
| Sold | |||
| May 11, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Century 21 Farm & Forest | $199,000 | |
| Listed by Century 21 Farm & Forest | |||
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Century 21 Farm & Forest | $129,000 | |
| Listed by Century 21 Farm & Forest | |||
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If you want to live off the grid this is the place. Two bedrooms, but could be more. All wired for generator. All plumbed for water with 3/4 bath. System set to bring water in and store, with holding tanks in the basement then pump it through the system. Over 1200 feet along Barton River. This property was a gravel pit. There is a detached Barn/Garage. Also home is in great condition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017