282 Upper Lumber 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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Payne Team LLC | $299,000 | |
| Listed by Payne Team LLC | |||
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Nestled along a picturesque brook in a private gated community, on 12 acres. looking for a great restoration project this fixer-upper offers a unique opportunity to create your dream home. Set amidst 1,100 acres of membership land, this property boasts stunning natural surroundings and abundant privacy. Enjoy the convenience of being just minutes away from great local restaurants, the Delaware River, skiing, Barryville's farmers market, and the serene Kadampa Meditation Center, all within a 15-minute drive. Embrace the potential of this charming location and the serene lifestyle it promises. The community offers four expansive private park areas comprising 1,100 acres. Club members enjoy exclusive access to the natural beauty of The Black Forest, featuring deep ravines, waterfalls, hiking trails, swimming holes, fishing spots, snowshoeing, and waterfront access to the Delaware River. Recently, members have formed a trail committee to explore and map the Club's natural resources further. At the heart of the Black Forest Club lies the Clubhouse, a turn-of-the-century hunting lodge renovated into a charming, rustic cabin. Heated by a wood-burning stove in the winter and boasting a beautiful communal porch for summer use, the Clubhouse is the center of community life. The Club hosts seasonal events throughout the year, from the award-winning Oktoberfest to the competitive Super Bowl party, providing a wonderful place for members to gather and celebrate together.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017