518 Upper Mad River 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 |
|---|---|---|---|
| Oct 11, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | Listed by Harald Hughen Real Estate | $229,900 | |
| Listed by Harald Hughen Real Estate | |||
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Warm and welcoming cottage! Nicely situated on a 1.2ac, also included is an adjacent 1.2ac lot, you are surrounded by nature and have plenty of room for your outdoor enjoyment. There are also two sheds for extra storage. An awesome property in a great location, close to all this beautiful area has to offer! Seller is a licensed RE agent.
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| May 27, 2014 | Sold | ||
| Sold | |||
| Jan 13, 2014 | Sold | ||
| Sold | |||
| Dec 31, 2013 | Listed by All Access Real Estate | $72,900 | |
| Listed by All Access Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017