61
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23 Covey
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.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$525,000
↓ $24K
(4.4%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by Polli Properties | $549,000 | |
| Listed by Polli Properties | |||
| Jul 18, 2026 | Price Decreased |
$569,000
↓ $6K
(1%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Decreased |
$575,000
↓ $24K
(4%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by www.HomeZu.com | $599,000 | |
| Listed by www.HomeZu.com | |||
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Beautifully renovated stone-front home in desirable Underhill set on a quiet dead-end dirt road offering exceptional privacy on 12 acres of mixed open and wooded land with a small pond, fire pit, and stunning sunset views. This thoughtfully updated home features a new roof, vinyl siding, and extensive interior upgrades throughout. The kitchen has been fully renovated with granite countertops, new cabinetry, modern appliances, and a pantry. Hardwood floors run through much of the home. The living room features a striking stone fireplace, creating a warm and inviting focal point. The home offers 3 bedrooms, including a spacious primary bedroom, and 2.5 updated bathrooms. A large multi-use bonus room provides flexible space for an office, gym, or recreation area. Additional living spaces include a sun porch and an open deck overlooking the property. Significant infrastructure upgrades include a new $4,000 water filtration system and a new $60,000 septic system. Exterior features include a detached shed and a heated workshop (approx. 1970s build) with wood stove and baseboard heat, ideal for year-round use. The land offers a rare blend of privacy, usability, and natural beauty, with woods, open fields, and abundant wildlife. This property combines modern updates with classic Vermont charm, making it a true country retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017