428 Putnam Hill Rd
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by ERA Key Realty Services | $349,900 | |
| Listed by ERA Key Realty Services | |||
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Attention Contractors property consist of 13+ Acres - 4 Parcels total, some wetland partial zoning is Village residential possibilities of multiple duplex's buyers to do own due diligence for buildable statues and potential, Great prop for current or would be farmer, gardener, livestock, two bedroom farmhouse needs significant work low ceiling heights, will not qualify for FHA/VA loan, 40'x60' two story barn with metal roof, multiple (6) stalls could be used for boarding horses or livestock currently used as garage and workshop large front yard, inground pool, central air, septic system installed 1999, roof 13 yrs old. Total acreage consist of 4 parcels included in sale, see attached assessor maps - parcels 134,135,136,150, house has low ceiling heights house needs significant work pics, are from previous listing, currently rented for 1000 monthly tenants are month to month, all vehicles and debri on property to be removed prior to closing, sold "AS-IS" seller will not make repairs
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| Aug 19, 2015 | Sold | ||
| Sold | |||
| Mar 17, 2015 | Listed by ERA Key Realty Services | $245,500 | |
| Listed by ERA Key Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017