281 Western Highway
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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 |
|---|---|---|---|
| May 22, 2020 | Sold | ||
| Sold | |||
| Feb 14, 2020 | Listed by Keller Williams Hudson Valley | $300,000 | |
| Listed by Keller Williams Hudson Valley | |||
| Mar 18, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed by Keller Williams Hudson Valley | $300,000 | |
| Listed by Keller Williams Hudson Valley | |||
| | |||
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Bring your passion and ideas to take advantage of this incredible opportunity in Tappan, NY! There are 4 bedrooms, 2 full baths, a formal dining room AND most of the original doors and woodwork are still intact. With a new boiler, young windows and young water heater the possibilities are endless. Situated on 1/3 acre in the South Orangetown School District, near transportation, parks and shopping, this one won't last. Call for an appointment today! The manager has listed the unit size as 1657 square feet.
| |||
| Feb 14, 2020 | Listed by Keller Williams Hudson Valley | $300,000 | |
| Listed by Keller Williams Hudson Valley | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017