53 Lexie Lane
About This Property
This Beaver Mountain log home features two-bedrooms with renovated full bathrooms, a main level with 40' cathedral ceilings, and wood-burning fireplace. The walkout basement has sliding glass doors, entertainment area, and space for an extra bedroom. Inside, find Starlink Wifi and electric baseboard heaters.
The property includes two large sheds and a backup Generac generator. Explore winding backyard trails through the property. Highly rated local breweries and restaurants are only 20 minutes away.
Situated in Delaware County, this retreat offers lower property taxes than Sullivan County. Additional Information: Amenities:Storage,
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | Listed by Novi Realty LLC | $519,000 | |
| Listed by Novi Realty LLC | |||
| Sep 13, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by Elliott & Pomeroy Inc | $389,900 | |
| Listed by Elliott & Pomeroy Inc | |||
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Adorable 2BR, 2+ Bath Beaver Mountain Log home (the Settler) master BR in loft with full bath. main level has cathedral ceilings, Wood burig FP, wood floors, full bath & additional guest Bedroom. Full walk out basement with double sliding glass doors and partially finished full Bath/Laundry/utility room
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017