2242 US Route 5
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 |
|---|---|---|---|
| May 11, 2023 | Sold | ||
| Sold | |||
| Feb 15, 2023 | Listed by Tim Scott Real Estate | $129,000 | |
| Listed by Tim Scott Real Estate | |||
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The renovation has been started now here is your chance to make this house into the home you envision. The interior has been gutted and windows replaced. 8.46+/- acre lot with views, public water, barn, stream, and a handy commuting location. Frontage on RT 5 and Bimson Drive with possibility of subdivision.
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| Feb 8, 2022 | Sold | ||
| Sold | |||
| Nov 27, 2021 | Listed by Parkway Realty | $59,000 | |
| Listed by Parkway Realty | |||
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Good building site with public water on site as well as power. It has some mountain views. There is a drive in place on Bimson Dr. Property includes a small house in need of repair. It is currently winterized.
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| May 26, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017