53 Demarest Mill Road
About This Property
This home has so much charm and character just needs the right person to bring it back to life. Not to mention the grounds, it is almost an acre of land with the beauty of nature all around. There is a barn style garage in the back of the house that just adds to the charm of the home. Not to mention a full finished attic for extended family. Additional Information: ParkingFeatures:2 Car Detached,
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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 |
|---|---|---|---|
| Jun 24, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by Keller Williams Hudson Valley | $499,999 | |
| Listed by Keller Williams Hudson Valley | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017