237 Baileys Gap 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%.
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 |
|---|---|---|---|
| Jul 24, 2020 | No longer available | - | |
| No longer available | |||
| Jul 15, 2020 | Price Decreased |
$309,000
↓ $20K
(6.1%) | |
| Price Decreased | |||
| Jul 1, 2020 | Listed by SUMMERSET REALTY HL | $329,000 | |
| Listed by SUMMERSET REALTY HL | |||
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Don't miss this immaculate ranch home perched on top a hill with privacy. The home offers gleaming hardwood floors, updated kitchens and bathrooms, heated sun room/utility room off kitchen. Added bonus is a spacious finished basement with a second kitchen, family room, and den.This property is minutes to the village of Highland, walkway over the Hudson, Metro North, shopping, etc. The manager has listed the unit size as 1998 square feet.
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| Oct 5, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $233,000 | |
| Listed | |||
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OPEN HOUSE SUNDAY, JUNE 25th: 1pm-3pm! Beautifully renovated, maintained and decorated 3 bedroom, 2 bathroom home set off the road on a hill. Complimented by 1.52 private acres, this meticulous ranch boasts an open and spacious floor plan. Pride of ownership shines at this house from the moment you enter the home through the relaxing front porch, into a living room with gleaming wood floors, dining area and remodeled kitchen. Off of the kitchen you will find a heated sun-room with first-floor laundry and lounge/bar. Three spacious bedrooms and updated full bathroom finish off the main living space. The lower level is a finished access apartment with separate entrance, kitchen, living room, private bathroom, and den/bedroom. Minutes from the Hamlet of Highland, shops, restaurants, Poughkeepsie, MetroNorth, New Paltz, and the New York State Thruway. This is move-in ready at it's finest!The manager has listed the unit size as 1998 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017