277 Hillside Ter
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 26, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 30, 2024 | Listed by LAER Realty Partners | $125,000 | |
| Listed by LAER Realty Partners | |||
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Bring your ideas and creativity to this property brimming with potential! Set on nearly 2.5 acres of peaceful, private land, this 1-bedroom home does have an additional room, giving you flexibility of an additional small bedroom or office space. Tucked away on a quiet private road, it offers both seclusion and convenient access to local amenities. The open-concept kitchen and living room provide a spacious, welcoming atmosphere, while the large bathroom and front porch add charm. Though the home has experienced some recent storm damage, it’s an incredible opportunity for the right buyer to restore and enhance. A highlight of the property is the large storage shed, perfect for a workshop, complete with a wood stove for year-round use. With town water and sewer already in place, this property offers the rare chance to create your dream home in a tranquil setting. Don't miss out on making this hidden gem your personal retreat! Cash or rehab loan only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017