49 SPRING LAKE 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%.
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 |
|---|---|---|---|
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2023 | No longer available | - | |
| No longer available | |||
| Aug 1, 2023 | Listed by CB VILLAGE GREEN REALTY RH | $289,000 | |
| Listed by CB VILLAGE GREEN REALTY RH | |||
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Welcome to the charm of a Red Hook gem - a delightful 1920's cottage that exudes timeless character. The freshly painted wood clapboard siding not only preserves the cottage's history but also adds a touch of fresh sophistication. Inside you will find plenty of natural light and the original hardwood floors, just refinished. This Midwestern kit home constructed of white pine, is thoughtfully designed to maximize space and functionality. Each room flows seamlessly into the next, creating a harmonious environment ideal for daily living. There is a walkup attic space which could easily be finished for more livable square footage or used for additional storage. For those who love spending time outdoors, there is a deck just outside the backdoor, the perfect spot to savor your morning coffee or unwind after a long day. The property also includes a 10'x12' shed, offering additional storage space for gardening tools or outdoor equipment. Located in the highly desirable Upper Red Hook community, you'll enjoy easy access to the Villages of Tivoli and Red Hook, Bard College, and the vibrant city of Hudson. Commuting is a breeze with convenient routes and bridges nearby such as the Kingston-Rhinecliff Bridge, the Rip Van Winkle Bridge, Routes 9 & 9G and the Taconic State Parkway. If a weekend retreat is what you are looking for, the property is located just over 2 hours from New York City.,AboveGrade:740,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,FLOORING:Vinyl,Wood,FOUNDATION:Concrete,InteriorFeatures:Electric Dryer Connection,Electric Stove Connection,Washer Connection,Level 1 Desc:LIVING ROOM, KITCHEN, BEDROOM, BATHROOM,ROOF:Asphalt Shingles
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| Nov 15, 2011 | Sold | ||
| Sold | |||
| Aug 20, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017