2652 State Highway 7
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 |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Aug 13, 2023 | In contract | - | |
| In contract | |||
| Jun 7, 2023 | Listed by Keller Williams Upstate NY Properties | $375,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
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Open your dream upstate business, and live in or rent out the residential space! This completely renovated and immaculately maintained historic barn offers truly endless possible uses - from event center to bar/restaurant or cidery/brewery/distillery, club organization or expansive residence. The structure (historic barn plus 1992 addition) has ALL the updates - 40 yr metal roof (2022), 6" spray foam insulation in walls and ceilings, newer Anderson windows, and updated heating systems (oil furnace+propane space heat+electric radiant upstairs). Event spaces include the 1750 sq ft front banquet room (with half bath, fire wall and roll-down fire door), the 2250 sq ft dining room with horseshoe bar, commercial kitchen, heated loading dock room, full basement with laundry, storage, roll-up garage door, and space for production, and the 20x30' covered back deck overlooking the Susquehanna Valley and tranquil 5 acre parcel. The facility has parking for 75 cars, and even has 3 mobile or small-house lots for rent (additional guest quarters!?). The residence space is an open concept 1750 sq ft, 2 bed 1 bath area with distinct functional sections, tall ceilings, and historic character.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017