37 Needham Hill 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.
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 |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | Listed by Adirmont Real Estate, LLC | $369,000 | |
| Listed by Adirmont Real Estate, LLC | |||
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Sunsets, wildlife, mountain views and room to roam! What a beautiful spot to call home! Situated on just over 22 acres, recent updates have expanded the living space with a newly finished large family room and office in the basement. With large windows, a walk-out door and ample LED dimmable lighting, this additional finished space adds so much to this very well maintained 3BR/2BA. On the main level, you'll love the huge kitchen with ample counter space and open layout to the dining area and living room. With a large back deck, grilling and summer entertainment will be a breeze. A convenient mudroom, laundry room, full bath and den complete the main level. Upstairs you'll find three spacious bedrooms with great views and a lovely full bath. Approximately 6 of the 22+ acres is open, level land with rich, tillable soils great for gardening, or add some fencing and it would be perfect for animals. Create even more grazing space or just open up the views to the west more with some light thinning of the wooded acreage. 2 peach trees, 2 plum trees, and several blueberry bushes are beginning to develop nice fruit, as are the wild raspberries. This is a great spot for homesteading or so many other possibilities! Purchaser to assume solar lease. Come See Where Home Could Be!
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| Mar 26, 2019 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Listed by Champlain Valley Properties | $198,000 | |
| Listed by Champlain Valley Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017