35 Richards 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%.
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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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by EXP Realty | $775,000 | |
| Listed by EXP Realty | |||
| Aug 27, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by Elliot Hansen Associates | $645,000 | |
| Listed by Elliot Hansen Associates | |||
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Stately Colonial with great curb appeal, circular paved drive, granite posts & steps, recently upgraded GE appliances, granite countertops in kitchen and some baths, 8 foot eat at granite counter between kitchen & informal dining, walk-in pantry, laundry room, bath with 4' shower on main level, tile and hardwood in many rooms, formal dining with wainscoting, crown dentil moldings, random width cherry floor, formal living room has chair rail, crown dentil moldings, most rooms have 12 over 12 windows, built solid by local craftsman who did amazing work, much attention to detail, library with built-in bookcases on either side of the fireplace, random width oak floor, solid 6 panel wood doors throughout, cherry stairway and hallway leading upstairs to 4 bedrooms and 2 baths. Master bedroom has balcony looking over the back yard and apple trees, jetted tub, two vanities, 3/4 bath with shower, three other bedrooms and a full bath, cherry floor hallway. The attic is huge and could be expanded as there also is roughed in piping for heat and water. Lower level has a walkout, a family room with wet bar, a game room, a 3/4 bath with shower (guest suite), an exercise room, a storage room and the utilities room. Located in low tax rate Newbury within 3 miles of Lake Sunapee and 5 miles to Mount Sunapee Ski Resort. OPEN HOUSE JUNE 12th 1PM to 4PM
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017