280 Route 217
About This Property
The existing home is a single-level residence with a straightforward layout, ready for thoughtful renovation. While the interiors reflect the need for updating, they present a clear canvas for reconfiguration or restoration.
The true value lies in the land. The depth of the lot and its natural surroundings offer flexibility for outdoor living, expansion, or simply enjoying the space as a private retreat. There is a sense of openness here that is increasingly difficult to find.
Just a short drive from Hudson's Warren Street-often noted for its design-forward character-this location places you within reach of independent shops, galleries, vintage and antique sourcing, and a well-regarded dining scene rooted in farm-to-table culture. With close proximity to the Catskills, riverfront access, and a community that continues to attract artists and creatives, the area offers a balance of cultural depth and natural surroundings without feeling removed.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$195,000
↓ $20K
(9.3%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$215,000
↓ $10K
(4.4%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$225,000
↓ $25K
(10%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Keller Williams Realty Group | $250,000 | |
| Listed by Keller Williams Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017