390 County Route 56
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Listed by Keller Williams Hudson Valley | $70,000 | |
| Listed by Keller Williams Hudson Valley | |||
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1 of 2 lots adjacent to each other. See MLS # 807701 for adjacent lot. Total of 6.01 acres together. This lot has a poured slab foundation with PVC set in place for a single family or 2 family house. Lot is leveled, mostly cleared with nice tree lines. Septic & drilled well awaiting connection. Condition unknown. Old house torn down. Close to Rte 17 Exit & entrance for easy commuting. 15 mins to Commuter busses & train in Middletown. Close to Resorts World Catskill, The Kartrite indoor Water Park, Holiday Mt Ski park, Sullivan County Community College & Garnet Health Medical Center Catskill.
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| Sep 25, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017