279 Legate Hill 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%.
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 |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Lamacchia Realty, Inc. | $485,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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*FINAL AND BEST OFFERS DUE 5/24 @ 5PM. 24 HR RESPONSE TIME* Looking for plenty of land and privacy? Look no further! This charming 2-bed, 2.5-bath ranch is nestled on 1.32 acres of serene land. Enter inside to a welcoming dine-in kitchen featuring beautiful countertops, stainless steel appliances, and a peninsula with a breakfast bar - where you can enjoy quick meals on the go or your morning coffee! The kitchen flows seamlessly into the sun drenched living room, which opens to a screened-in porch—perfect for dining and relaxation. The primary bedroom includes ample closet space with a full bath adjacent while the second bedroom offers a convenient half bath. The oversized 2-car garage boasts an upstairs heated clubhouse with a full bath! Endless possibilities await! Enjoy the expansive backyard and plenty of parking. Just a little elbow grease and a few cosmetic updates to bring this home back to it's original charm! Come and explore today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017