31 Crafts 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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed by Houlihan Lawrence Inc. | $350,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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This adorable cottage is one in a million as it sits on 5.22 serene and private acres. The one bedroom and one bath make great use of space. The living room has a custom vaulted wood ceiling, a new pellet stove insert, and a new Carrier heat pump system for heat and AC. The cute kitchen is well organized with plenty counter tops and cabinets and best of all it has its own laundry! The bedroom is huge with 2 closets and lots of windows to let in the natural light. Outside is a bluestone patio that looks over the huge front yard. Across from the front yard you will find Adirondack chairs looking out at the spring fed pond allowing for a rest and lovely a view. The cottage shares a driveway with 39 Crafts Rd which is also for sale. You can purchase one or both properties, each property has its own tax ID #.
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| May 14, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017