3 Reservoir 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 20, 2024 | Sold | ||
| Sold | |||
| Jan 15, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2023 | Listed by Exp Realty | $379,000 | |
| Listed by Exp Realty | |||
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Welcome to 3 Reservoir Road in Millerton - 2 levels of finished space with 3 Bedrooms and 2 Baths set on 2.32 acres (includes an additional lot). The layout is a open concept design with great flow from the living space to the bedrooms. The Kitchen has a island, plenty of storage and stainless steel appliances. The home features hardwoods throughout the top floor. The downstairs is finished with a possible living room / game room and another room that could be a possible home office. Stay warm all Winter long downstairs with a wood stove. The home has so much space to offer on both floors, a must see! Outside there are multiple decks and that wrap around portions of the home. There is a large shed that could serve as a artists studio. Stay cool during the Summer months with your above ground pool. The home is located close to the Harlem Valley Rail Trail, Harlem Line Train, Silo Ridge Field Club, a Luxurious Golf Course with single family homes and condos.
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| Oct 2, 2023 | No longer available | - | |
| No longer available | |||
| Jun 15, 2023 | Price Decreased |
$399,000
↓ $6K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017