5227 Route 22
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 |
|---|---|---|---|
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Oct 4, 2020 | Listed by BHHS Hudson Valley Properties | $240,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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Stately Georgian Colonial home the scenic Hudson Valley. Enjoy the 1800's period architecture with plaster medallions, 10 foot ceilings and a circular staircase. On the first floor are two parlors each with fireplaces, the brick one is still working. The marble one is sealed. There is a spacious formal dining room, large country kitchen and full hall bath. Also there is a laundry room and enclosed back porch. Upstairs are 6 bedrooms, and a full bath with clawfoot tub. Some of the original wallpaper is still up. This home is well worth the investment, to bring it back to its original grander. The buildings include a 3 bedroom cottage over a garage and an oversized 3 car garage with a 9-foot door and second floor workshop. There are multiple large barns in need of repair, one could use the wood from them to rebuild the others. The ten acres are a mix of fields and woods. The land is protected by a conservation easement. This Georgian gem needs some love and a person with cash or rehab loan.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017