378 Old Route 22
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 |
|---|---|---|---|
| Jul 8, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | Relisted | $374,900 | |
| Relisted | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Mar 25, 2024 | Listed by Greene Realty Group | $374,900 | |
| Listed by Greene Realty Group | |||
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Well-maintained home, a quick 1.5-mile drive to Wassaic train station, offered for sale for the first time. Cared for by one family since built in 1968, this home is ready for its happy story to continue. Features 1,104 sq. ft. main floor with 3 BR/1BA + 368 sq. ft. partially finished basement for potential in-law suite with extra bathroom. Antique barn with greenhouse and lean-to. Roof 15 years old with new 3/4 inch plywood, furnace 7 years, all windows replaced, newer water softener, whole house water filter, 155' deep well, 1000-gallon concrete septic tank - serviced regularly, 275-gallon fuel tank, 2 zone heating system, over 9 inches of insulation in the attic. Automatic garage door with keypad, $11k blacktop driveway renovation, $10K in dead tree and land cleaning. Interior all painted recently, updated bathroom, narrow oak flooring. Built-in Cannon safe, propane fireplace, large deck with attached screen room, loads of mature plants and ground cover, and outstanding views.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017