42 Old Coach 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.
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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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 20, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $418,000 | |
| Listed | |||
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Look at the back yard!! Entertainer's delight! Large eat in Kitchen and Dining area to seat many for gatherings this is a cook's delight with loads of cabinets. There were 2 bedrooms down the hall that were combined to one and beyond that is a great room with a half bath that leads to the back yard and this would make a fabulous master. Off the small hall behind the kitchen is another bedroom on the back of the house with its' own CA unit and walk out to the rear yard also. The lower level has a laundry area, 1/2 bath with a door leading to the back yard and more rooms that could easily become an in law suite complete with a 3/4 bath, sitting room and additional room to be used for a bedroom. The backyard is an oasis with a newly re-gunited and tiled, heated in-ground pool one year ago next to an expansive deck and Cabana area. Pool heater is new! Loads of room in this yard for Bocce, Tetherball, Volleyball and more! See attached list of extras that include the Gazebo, Water Fountain, Separate well in rear strictly for irrigation, shed framed to also be used as a screen house, storage space on rear of Cabana and more! Did I mention this property is in the highly sought after Barron school district? Don't wait on this one! HOME WARRANTY INCLUDED FOR ACCEPTABLE PRICE! QUICK CLOSE POSSIBLE! MOTIVATED SELLERS! The manager has listed the unit size as 3136 square feet.
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| May 23, 2018 | Listed by Keller Williams Gateway Realty/Salem | $418,000 | |
| Listed by Keller Williams Gateway Realty/Salem | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017