393 ALTAMONT 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 |
|---|---|---|---|
| May 10, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by HOULIHAN LAWRENCE INC. ML | $785,000 | |
| Listed by HOULIHAN LAWRENCE INC. ML | |||
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Jun 5, 2018 | Listed by H.W. GUERNSEY REALTORS INC. ML | $650,000 | |
| Listed by H.W. GUERNSEY REALTORS INC. ML | |||
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A convenient hideaway beckons. Just minutes from the village of Millbrook, Altamont Cottage is a little piece of paradise nestled among trees on a terraced plot just ready for tiered gardens. The convenience of new construction combined with the warmth of historic details characterize this light filled home. A covered porch overlooks the lawn, and glowing wide board pine floors tie the house together. Kitchen and living space flow with an open floor plan and feature a five-burner stove and a fireplace with stone hearth. Downstairs, a second room is perfect for formal dining, an office, or second living space, and a powder room does double duty as laundry room. On the second floor, there is an en-suite master bedroom and two guest rooms with shared bath. One of the most fabulous surprises awaits up another flight of stairs, a third-floor open studio/office space with multiple possible uses. Despite the cozy, historic feel of Altamont Cottage, this modern home has such amenities as central air, copious storage, and a sheetrock-ready basement, perfect for an in-home gym or media room. 24 hour notice required for accompanied showings.,Below Grnd Sq Feet:936,Unfinished Square Feet:936,Level 1 Desc:EH, EIK, FAM RM/FPLC, LR, PWDR RM, LAUNDRY,FOUNDATION:Concrete,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,FLOORING:Wood,AMENITIES:Pool,InteriorFeatures:Gas Stove Connection,Sliding Glass Doors,AboveGrade:1872,Basement:Interior Access,Cooling:Zoned,ROOF:Asphalt Shingles,Level 2 Desc:MBR/MBA, 2 GUEST BR, FULL BATH,APPLIANCES:Water Softener,Other School:DUTCHESS DAY,Level 3 Desc:FINISHED ROOM/OFFICE, SEPERATE ATTIC STORAGE
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| Jan 11, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017