400 HIGH PINE MEADOWS 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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Oct 9, 2023 | In contract | - | |
| In contract | |||
| Sep 28, 2023 | Listed by COMPASS Greater NY LLC | $229,000 | |
| Listed by COMPASS Greater NY LLC | |||
| | |||
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CLASSIC CATSKILLS COTTAGE
Exceptionally well-maintained home, with two bedrooms, one bath, a large sleep loft and a separate heated studio, all on 5 acres adjoining 750 acres of State Forest, 400 High Pine Meadows is cottage perfection. Recently renovated by the architect/owners, the home is highlighted by a new kitchen with marble countertops, a new bathroom, metal roof, covered porch, outdoor shower, and a detached studio with a wood stove and double doors that open to the yard and fire pit. High speed fiber internet service. The grounds surrounding the house are open and peaceful, with a fenced-in raised garden, mature perennials, fire pit, and an Amish built storage shed. A path leads from the studio through the woods to the State Forest.
High Pine Meadows Road is a private road in excellent condition and constantly maintained by its Road Association. Close to every Catskill attraction - skiing, hiking, breweries and exceptional farmers markets. 145 miles from the George Washington Bridge. This is a special property - private and quiet with a pristine home and studio on lovely, well-tended grounds.
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| Sep 18, 2015 | Sold | ||
| Sold | |||
| Jul 15, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017