47/49 Castle Hill Road
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 28, 2019 | No longer available | - | |
| No longer available | |||
| Jun 21, 2019 | Price Decreased |
$280,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| May 17, 2019 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Apr 29, 2019 | Listed | $295,000 | |
| Listed | |||
| | |||
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Tons of potential with this home located next to Beaver Brook on an over 5 acre lot! This is a very unique property with a single family home and an additional cottage on the property. The cottage does need significant repair, but the potential is there for future use! There has been updating through the years on the main house which is in need of some final touches. The kitchen has a lot of cabinet space with new counters and stainless appliances that will stay. The manager has listed the unit size as 1170 square feet.
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| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017