372 Slapp 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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by EXP Realty | $375,000 | |
| Listed by EXP Realty | |||
| Sep 26, 2022 | Sold | ||
| Sold | |||
| Aug 24, 2022 | Listed by Choice Real Estate & Property Management | $285,000 | |
| Listed by Choice Real Estate & Property Management | |||
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This cozy, classic 3 bedroom Cape home situated on 15.6 +/- acres on the top of Slapp Hill has been renovated over the last several years, bringing this gem back to life! Major boxes were checked for the interior of the home with upgraded wiring, heating systems, new walls and insulation upstairs, flooring, updated kitchen & appliances and more~ask about the extensive list! The home is ready for the new owner to take the reins and make it their own! Entering the front door brings you to the open dining and living spaces, complete with wood stove to take the chill out of the air for the colder months. Oversized windows above the counters brighten up the kitchen as well as offer a scenic view to the back. An updated bathroom with large step-in shower & stackable laundry completes the first floor. Head upstairs to find 3 bedrooms, an office/study and 3/4 bath with tub to complete this level. An expansive yard providing tons of room for recreation & gardens! Wrapped by nature, this home offers that calming space you need, while still providing the convenience of what the village has to offer. With a trail down the back hill it will lead you to the direct frontage on the rail trail for year round recreation! A little taste of country on the outskirts of the village!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017