38 Brown Road
About This Property
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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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by eXp Realty | $400,000 | |
| Listed by eXp Realty | |||
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Welcome to 38 Brown Rd a 3 Bedroom 2 Bath Ranch set on a corner lot. The home features hardwood floors throughout. This delightful home offers a perfect blend of comfort, style, and convenience. The Kitchen is spacious with Stainless Steel appliances. Downstairs is an additional 1,200sq ft of space, it is a must see for all the possibilities. There is a 1 car garage that is connected to the kitchen making it ideal for bringing in your groceries. The home has municipal water, a 1,000 gallon septic tank that was just pumped out. The heating is oil with a well maintained boiler and indirect water heater. As you walk around the property you will see the extensive landscaping and lush gardens. Step out back to enjoy the large spacious deck for relaxing all Summer long. The home is the perfect location for commuters, literally 12 minutes from the New Hamburg Train Station.
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About Dutchess
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,500 /mo
- 4 Beds
- 2 Baths
- 2,160 ft²
$2,300 /mo
- 2 Beds
- 1 Bath
- 1,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017