18
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266 Pitts Road
About This Property
Ideally located just minutes from Chatham and Old Chatham, with easy access to the Thruway and the Hudson train station. Enjoy endless nearby dining options and outdoor recreation, including hiking, skiing, and more. Set on a lightly traveled dirt road with very few neighbors, this is a truly desirable and peaceful setting.
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Jan 18, 2026 | Listed by Houlihan Lawrence Inc. | $259,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Address: 335 Madison Avenue, New York, NY 10017