281 Townsend 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 |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Feb 9, 2021 | No longer available | - | |
| No longer available | |||
| Feb 1, 2021 | Listed | $404,900 | |
| Listed | |||
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10 GREEN ACRES is the place to be! Rolling pastures and mountain views is the life for YOU! A 5BR/3BA home with bonus room and BRAND NEW 2 car garage sits atop a hill with front porch facing the beautiful mountains of Appalachia! This beautiful 10 acre estate features rolling pasture perfect for a gentleman's farm and complete with long-range mountain views. Open concept kitchen, living and dining areas with a masonry fireplace as the focal point, like new red oak floors throughout, master located on main with his and hers closets, tiled shower and soaking tub.2 other bedrooms just off the living room. 2 more bedrooms upstairs from the kitchen and a bonus room beneath the kitchen! This home is move-in ready and sold furnished. Lots of potential to make this home just perfect for you! Home is like brand new and in excellent condition!
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| Jan 12, 2021 | Listed by Century 21 Lindsey and Pauley | $404,900 | |
| Listed by Century 21 Lindsey and Pauley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017