408 Simpson Place
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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%.
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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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by Houlihan Lawrence Inc. | $499,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| | |||
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Discover the perfect blend of vintage charm and modern convenience in this beautifully maintained Victorian home in Peekskill. As you approach, a spacious wrap-around front porch invites you to linger, while inside, original wood details and soaring ceilings evoke timeless elegance. The spacious living room, complete with gleaming hardwood floors, flows seamlessly into a dining room centered around a wood-burning fireplace. Just a few steps up, an expansive deck awaits, offering seasonal views of the Hudson River. The first floor is completed by a bright and airy kitchen, featuring a cheerful bay window dining area. The second floor boasts a generously sized master bedroom, along with two additional bedrooms. A freshly updated hall bathroom adds modern convenience to this historic gem. The walk-up attic provides ample storage space, while the partially finished walk-out basement offers a bonus room, bathroom, and garage. Step outside into a lush, fully fenced-in backyard, perfect for outdoor entertaining. A long driveway and garage provide plenty of parking. And with its convenient location just minutes from Peekskill's waterfront park, restaurants, and train station, this home offers the ultimate in work-play balance. Enjoy a scenic one-hour commute to NYC, making this the perfect choice for those seeking suburban charm with easy city access.
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| Dec 26, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017