495 E Mountain Road N
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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jun 12, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 11, 2024 | Listed by Howard Hanna Rand Realty | $649,000 | |
| Listed by Howard Hanna Rand Realty | |||
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This charming ranch-style home offers three bedrooms and two full bathrooms, set on over six acres of private land atop East Mountain Road North in the Town of Philipstown. Built in 1993 and recently renovated, this home boasts a brand new kitchen and bathrooms, along with new hardwood flooring and a spacious deck. It features abundant natural light, central air conditioning, baseboard heating, and a cozy wood-burning stove. The fully finished basement, which is not included in the main square footage, provides additional living space. The owner's suite includes a walk-in closet, a private full bath, and access to the large rear deck via a sliding glass door. Conveniently located, this home is a short drive from the train station and the picturesque downtown area of Cold Spring.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017