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339 Cates Hill
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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Aug 31, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2026 | Price Decreased |
$139,000
↓ $15K
(9.7%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by RE/MAX Northern Edge Realty LLC | $154,000 | |
| Listed by RE/MAX Northern Edge Realty LLC | |||
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Discover the potential of this secluded ranch-style home, privately situated on over 2 acres of land. Offering a peaceful setting surrounded by nature, this property is an excellent opportunity for someone looking to complete a home that's already had many of the major improvements started. Extensive renovations have already been completed, throughout more than half of the home there is new wiring, new insulation, new sheetrock, and new ceilings. All of the windows have been replaced. The home is equipped with two mini-split systems that provide both heating and air conditioning, along with a forced hot water heating system for additional comfort. Additional updates include a 200-amp electrical service with circuit breakers and an electric hot water heater. Outside, you'll appreciate the circular driveway and the privacy that comes with owning over 2 acres. An added bonus is the flexibility of having both city water and a private well. This home is waiting for your finishing touches to bring it to completion and make it your own. Due to the unfinished work, the property will qualify for cash buyers or a construction/rehabilitation loan only. ATV from home to the trails, snowmobile trails up the street.
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| Jun 22, 2026 | Listed by Paul McInnis LLC | $145,600 | |
| Listed by Paul McInnis LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017