447 Dewitt Mills 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%.
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Coldwell Banker Village Green | $219,000 | |
| Listed by Coldwell Banker Village Green | |||
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Nestled in the heart of Ulster County, in the town of Kingston, an 1880's Victorian Farmhouse eagerly awaits restoration to its original grandeur. Situated on a spacious 1.8-acre parcel, this property offers ample opportunities for future expansion, pending town approval. Stroll along the tree lined path that leads to a detached two-car garage and the intriguing remnants of an old root cellar, adding a touch of historical charm to the landscape. Step inside to discover three levels of living space brimming with character. This home retains many of its original features, including wide plank wood floors and intricate moldings, providing a canvas for your creative vision. Whether you dream of transforming it into a two-family investment property, a weekend getaway, or full-time residence, there are many possibilities. Plus, you are just minutes away from the vibrant shops, restaurants, farmer's markets and exciting festivals of both Rosendale and Uptown Kingston's historic Stockade District. Enjoy the best of both worlds, with cultural and recreational amenities at your fingertips. This property is priced to sell and represents a great opportunity for those with a passion for historic homes and a vision for their future. Don't miss out on the chance to own a piece of Hudson Valley's rich heritage. Call today to schedule a private tour and explore the potential of this Victorian Farmhouse for yourself. Sold As Is.
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| Nov 3, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017