392 Monson Turnpike 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%.
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed | $334,900 | |
| Listed | |||
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Charming 3-bed, 1.5-bath chalet just a short walk to private Beaver Lake—enjoy swimming, fishing, and boating in this peaceful setting when you join the private beach association. Open floor plan with fully applianced kitchen, updated baths, and a slider to a welcoming farmer’s porch. Brick hearth in living room could allow for wood stove. Fenced front yard, 2024 washing machine and well pump. Walkout basement offers great potential to finish and add living space. Enjoy the lifestyle and natural beauty of the Ware area—close to hiking, local farms, and small-town amenities. Ideal as a year-round home or weekend escape!
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| Sep 1, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by Gravel Real Estate Associates | $225,000 | |
| Listed by Gravel Real Estate Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017