2435 State Route 28
About This Property
Welcome to the perfect log cabin in the woods! Meticulously maintained 3 bedroom/3 bathroom home on 1.94 acres. Finished area in walk-out basement excellent for entertaining or in-law suite. Two garages, one under residence and the second under the wrap around porch. Beautiful accents include an Australian Crystal chandelier, Stained Glass window in Kitchen, Central Vacuum, spacious pantry and wine storage, gorgeous landscaping with apple, pear and crabapple trees. Recent updates include a new roof, second garage, electric garage door openers, shed, whole house generator and first floor bathroom. Every detail has been considered! Just move in and enjoy all that the Adirondacks have to offer! Close to Gore Mountain and Lake George. Some furnishings to convey.
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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 |
|---|---|---|---|
| Nov 27, 2023 | Sold | ||
| Sold | |||
| Aug 30, 2023 | Listed by Saratoga Select Properties LLC | $399,000 | |
| Listed by Saratoga Select Properties LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017