245 Addison Rd. 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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Listed by Keller Williams Realty-Metropolitan | $550,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
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NOT JUST A HOME. A LIFESTYLE!!! There's never been a better time to vacation at home! This historically significant home, formerly The May Gruber Estate was renowned as a social gathering place with accomplished musicians who performed under the lighted gazebo around the pond and delighted guests in a picturesque setting surrounded by nature. Now fast forward and imagine having parties with your family and friends with plenty of room for guests who have had a really good time and need to stay the night. There is also an In Law apartment for them to stay in or rent out for extra income. There's a fenced in tennis court for you to chase around a fuzzy little yellow ball, street hockey or basketball and an expansive yard for many other outdoor activities, while cooking on the BBQ under the pavilion. You can even take a nature walk through the woods in hopes of catching a glimpse at some wildlife. For your leisurely nights, enjoy some time out on the second story balcony sipping cocktails with your loved one while gazing at the night sky. Hang out with your family in the large living room with wood beam cathedral ceilings, huddled around the pellet stove while sipping hot cocoa and telling tall tales or ghost stories. Let the chef in you shine through in the chef's kitchen featuring Omega soft close cabinets, granite countertops and hardwood floor. Tend to your business in the large office cove. Large Master suite with his and hers bathrooms and sitting area. Showings start 2/27
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| Sep 15, 2014 | Sold | ||
| Sold | |||
| Feb 17, 2014 | Listed by BHHS Verani Concord | $350,000 | |
| Listed by BHHS Verani Concord | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017