27
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4948 Underpass
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 |
|---|---|---|---|
| Sep 27, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$315,000
↓ $20K
(6%) | |
| Price Decreased | |||
| Jun 16, 2026 | Listed by Rise Realty | $335,000 | |
| Listed by Rise Realty | |||
| Aug 26, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by StoneCrest Properties, LLC2 | $268,000 | |
| Listed by StoneCrest Properties, LLC2 | |||
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This sweet log cabin sits on 45 acres of land with property on both sides of Underpass Road. This 'off the grid', solar-powered property is self-sufficient and offers a gas generator for backup power. Grid, electrical lines are located at the road and could be accessed if you choose. The first floor offers an open living room and kitchen, full bath and bedroom. The second floor offers two bedrooms. There is a barn for animals, equipment or cars as well as a pole barn for wood storage. The Rinnai wall unit heats the main house and there is a wood stove in the basement as an additional heat source. Easy location less than a mile from Route 5 and minutes to Sutton and Barton villages. Come see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017