281 New Vernon Road
About This Property
Front entrance welcomes you to the wrap-around sunroom, perfect for your plants with the southern sun and a place to read a favorite book. Living room flows well into the family room and kitchen. Plenty of space for a large farmhouse table to welcome family and friends over for a meal. Kitchen with granite counters, breakfast island, and SS appliances. Area for your Keurig coffee bar next to the fridge. Laundry/Pantry/Mudroom located at the back entrance. Powder room conveniently located to every room on this level.
Second floor with spacious master bedroom suite will be a welcome oasis. Large walk-in-closet and private bath for you to unwind after a long day. The two additional bedrooms share a jack-and-jill bathroom to help make busy mornings a breeze.
Have horses? Want to build a garage? Start your micro-farm? Or subdivide for more lots? This could be possible here! Home is just minutes to all major amenities in Middletown, shopping, bus/trains, highways, hospital, etc. Located between Legoland and Resorts World Casino. Lots to love about this home. Additional Information: Amenities:Soaking Tub,
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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 |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | In contract | - | |
| In contract | |||
| Apr 1, 2022 | Listed by Howard Hanna Rand Realty | $375,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
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Modern Farmhouse on over 4 subdivideable acres in the Minisink School District! Fully renovated home with the modern updates you love, like: shiplap accents, granite counters with SS appliances, metal roof accents, energy efficient windows, new siding, and more! Front entrance welcomes you to the wrap-around sunroom, perfect for your plants with the southern sun and a place to read a favorite book. Living room flows well into the family room and kitchen. Plenty of space for a large farmhouse table to welcome family and friends over for a meal. Kitchen with granite counters, breakfast island, and SS appliances. Area for your Keurig coffee bar next to the fridge. Laundry/Pantry/Mudroom located at the back entrance. Powder room conveniently located to every room on this level. Second floor with spacious master bedroom suite will be a welcome oasis. Large walk-in-closet and private bath for you to unwind after a long day. The two additional bedrooms share a jack-and-jill bathroom to help make busy mornings a breeze. Have horses? Want to build a garage? Start your micro-farm? Or subdivide for more lots? This could be possible here! Home is just minutes to all major amenities in Middletown, shopping, bus/trains, highways, hospital, etc. Located between Legoland and Resorts World Casino. Lots to love about this home.
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| Mar 21, 2022 | Listed by Howard Hanna Rand Realty | $375,000 | |
| Listed by Howard Hanna Rand Realty | |||
| Apr 13, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017