3781 HALFWAY RD
About This Property
Property has been in the same family since 1940.
Log cabin circa 1850 with additions in 1940-1950. Exposed log on the interior and exterior, beautiful wood floors; exposed beams, stone fireplace with heatilator.
4 bedrooms, 2 ½ half baths, kitchen has been completely redone. Improvements include log and stucco garage, a building that could be a studio or office and numerous other outbuildings. Land is mostly wooded and rising, winter mountain views, another elevated building site. Approximately 2 acres open and a strong spring fed pond. Property is surrounded by large parcels in conservation easement. Main tract may be subdivided. Property sold in "AS IS" condition. Subject property is in land use, Seller not liable for any roll back taxes.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Sheridan-MacMahon Ltd. | $1,800,000 | |
| Listed by Sheridan-MacMahon Ltd. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017