3961 Eddy 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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2023 | Listed by Keller Williams Realty Southern Tier&Finger Lakes | $50,000 | |
| Listed by Keller Williams Realty Southern Tier&Finger Lakes | |||
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Looking for a quiet place to get away from city life? Or maybe a place to AirBnB? Here's a cozy 1-bedroom cottage outside of Addison, NY, with a peaceful view of Cranberry Lake from the balcony. Although not lakefront, it's lake view, across the road and slightly up a hill. There's room to park 2 cars. Take the stairs up to find a charming 3-season cottage, fully furnished, including 1 wall-mount TV in the LR, an AC unit, a dishwasher, all the standard kitchen appliances plus a small washing machine. There's even Internet! Sold as-is.
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| May 22, 2018 | Sold | ||
| Sold | |||
| Jul 11, 2017 | Listed by Keller Williams Realty Southern Tier&Finger Lakes | $28,900 | |
| Listed by Keller Williams Realty Southern Tier&Finger Lakes | |||
| May 3, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017