453 Black Forest 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.
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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 |
|---|---|---|---|
| Mar 3, 2022 | Sold | ||
| Sold | |||
| Jan 3, 2022 | Listed by Catskill Mountain Houses | $549,000 | |
| Listed by Catskill Mountain Houses | |||
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Reminiscent of a European fairytale from yesteryear, this 1950s Bavarian cottage has been painstakingly reimagined by designer Major Jacks. The distinctive residence offers two bedrooms plus a large multi-functional den and two full baths across three finished levels, and is tucked away on 3.72 scenic acres. A footbridge over the babbling Mill Brook leads to the enchanted storybook home, with river views from most rooms. The elegant main level has a grand foyer, eat-in chef's kitchen, sunken living room with fireplace, bedroom/den, a full bath and mud room. A curved staircase leads to the upper level with two rooms for flexible bedroom options and a full bath. Feel tucked away from it all and yet just minutes to amenities in Barryville, Eldred and Narrowsburg. Black Forest is a private community with access to 1100 acres of hiking, swimming holes and outdoor activities, and does not permit rentals/Airbnb. An easy trip from NYC for the most idyllic Catskills country escape.
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| Dec 5, 2021 | No longer available | - | |
| No longer available | |||
| Nov 24, 2021 | Price Decreased |
$565,000
↓ $60K
(9.6%) | |
| Price Decreased | |||
| Oct 25, 2021 | Listed by Compass Greater NY, LLC | $625,000 | |
| Listed by Compass Greater NY, LLC | |||
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BACK ON THE MARKET! Perhaps one of the most unique properties in the Catskills, enjoy a storybook lifestyle in this 2+BR/2BA 1950s Bavarian cottage restored by Major Jacks. The home sits next to a babbling brook with access via a footbridge. The elegant main level has a grand foyer, eat-in chef's kitchen, sunken living room with fireplace, bedroom/den, a bath with antique vanity, and mud room. A curved staircase leads to the upper level with two rooms for flexible bedroom options and a full bath with a surprise view. The finished walk-out basement offers multi-use spaces and a wine cellar. Designer selections and original details are found inside and out. Feel tucked away from it all and yet just minutes to amenities in Barryville, Eldred and Narrowsburg. Black Forest is a private secluded community where residents have access to 1100 acres of hiking and outdoor activities, and does not permit rentals/AirBB. An easy trip from NYC for the most unique, idyllic Catskills country escape. The manager has listed the unit size as 1478 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017