369 Old Mountain 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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | In contract | - | |
| In contract | |||
| Jun 12, 2023 | Listed by Howard Hanna Rand Realty | $485,000 | |
| Listed by Howard Hanna Rand Realty | |||
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This great house has an additional 800 square feet in the walkout lower level that is not reflected in the listing. Are you a car enthusiast ? Do you have horses ? Do you need a a large family friendly home that offers the garages needed to store large equipment? You have found it! The windows, siding, roof and boiler have all been replaced during the past 10 tears. The downstairs study is soundproofed. Each bedroom is a good size and the master has it's own updated bath. But, it doesn't stop there. There are several paddocks, with 3 stalls with electric and water on 6 rolling acres. This home boasts an oversized 3 car detached garage with 15+ foot ceilings, 3 doors, heat,electric and water . There's more, an additional detached one car oversized Amish built garage with electric and water. Every part of this home is well maintained. It's a 5 minute drive to route 84 and 15 minutes to Garnett hospital in Middletown NY. All of this and Minisink Schools.
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| May 31, 2023 | Listed by Howard Hanna Rand Realty | $485,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017