316 Washington Avenue
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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%.
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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.
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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 |
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| May 7, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by Catherine Madaio Realty Corp | $520,000 | |
| Listed by Catherine Madaio Realty Corp | |||
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Renovated 4 Bedroom Home in sought after Beacon! Get a West Coast Feel 90 miles from NYC. This ranch style home offers flexibility in the layout with 4 bedrooms all on one level and a wall of windows facing East towards Mount Beacon. Perched up on the hill awake to Mount Beacon. Recently Renovated Home featuring recently updated floors, lighting, ceiling fans throughout, windows with custom blinds, closets have been new door and some are outfitted, HVAC electric heating and cooling system. The Fireplace was completely rebuilt about 1 year ago. New Washer/Dryer installed 1 year ago. Basement Transformer recently transformed the basement crawl space. New beam installed, new hot water heater, new electric panel, built in dehumidifier. Roof and gutters are a couple years old. Heatin pump for heating and cooling a couple years old just had service maintenance done. Insulation has been added the basement. Beautiful recently updated kitchen with Marble Countertop and a Stainless Steele appliances featuring smart home technology. There is a Stone Patio for grilling and door to the kitchen. New railing put around the home. The house offers a large Ensuite Master Bedroom with a beautifully renovated Master Bath, a walk in Closet a dressing area, walk in closet and has it's own entrance. Some ideas could be Master Bedroom, In-law room, college space, children's play room, work from home office...make it your own. The house has 4 bedrooms and can be reconfigured to create extra space.
Half a mile into town of Beacon where you find all of what Beacon has to offer an array of restaurants and everything Beacon and the Hudson Valley has to offer as well the metro north train and ferries to the Newburgh Waterfront. A few miles to 84 and 52 Additional Information: Parking Features: 2 Car Detached, assigned and shared to the 4 homes up on the hill plus 2 additional spots in the front.
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| Dec 27, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Exit Realty Connections | $375,000 | |
| Listed by Exit Realty Connections | |||
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Come enjoy Beacon! You will be pleasantly surprised by this renovated 4 bedroom, 2 full bath sprawling ranch style home nestled up on the hill. The generous sized kitchen/dining/entertaining area is a place where you will love to prepare your favorite meals and have your family and friends gather, especially with the patio right outside the kitchen. The primary bedroom suite w/primary bath offers privacy at the other end of your home where there is room for your chaise lounge as your private little getaway from the rest of the house and also has your separate entrance from outside. You will also be able to enjoy room for others with the 3 bedrooms, open floor plan for living area and beautiful big windows to let in lots of light. Some work still in progress. Shared driveway.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017