258 Town Farm Road
About This Property
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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 |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by Dark Horse Realty | $395,000 | |
| Listed by Dark Horse Realty | |||
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Hillside cape on a quiet, town maintained, dead end, country road in Reading. This 1950s home was completely renovated by the prior owners (photos documenting scope of the renovation are available) R15 insulation in the walls & R42 in ceiling & sill pockets. The house includes 3 BRs and 2 full Baths, kitchen/dining, living room w/woodstove & office. Nice enclosed porch entry on the rear of the house. Entry envelope on the front. Full basement. New over sized garage near the house and a smaller garage across the road. Property is 9.38 a. with direct access to V.A.S.T trail, near the North Branch of the Black River and hiking, mountain biking, skiing & GMHA for your choice of recreation, midway between Ludlow and Woodstock. Move in ready!
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| May 21, 2018 | Sold | ||
| Sold | |||
| Sep 13, 2017 | Listed by Dark Horse Realty | $239,000 | |
| Listed by Dark Horse Realty | |||
| Jul 30, 2017 | Listed | $275,000 | |
| Listed | |||
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This pleasant hillside cape is a completely rebuilt 1950's home including: new sheathing, siding, roof, windows, floors, interior walls, septic, wiring, & plumbing.(R15 insulation in walls and R 42 spray foam in the ceiling & sill pockets.) Some older wall studs remain along with a few roof rafters, & the foundation. New enclosed porch with woodstove. Ready for you to move in and enjoy the updates! Located on a quiet gravel road with excellent trail access for recreation. EZ access to VAST trails.Convenient to both Ludlow (and Okemo!) and Woodstock. Area of fine homes.The manager has listed the unit size as 1900 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017