53 Mine Hill 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 |
|---|---|---|---|
| Jun 5, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | Price Decreased |
$479,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Mar 14, 2024 | Price Decreased |
$489,900
↓ $30K
(5.8%) | |
| Price Decreased | |||
| Sep 27, 2023 | Listed by RE/MAX Benchmark Realty Group | $519,900 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Nestled amidst the tranquil landscapes of Cornwall, New York, 53 Mine Hill Road offers an exceptional retreat where serenity and convenience converge. Located just a stone's throw from the vibrant heart of New York City, this property marries the allure of country living with proximity to urban amenities. As you step onto this property, prepare to be captivated by the stunning, unobstructed vistas that envelop you from every angle. Whether it's the morning sun casting its warm glow or the enchanting twilight hours, your deck becomes your personal sanctuary, inviting you to savor your favorite coffee or unwind with a glass of wine while soaking in breathtaking views that stretch as far as the eye can see. Gardening enthusiasts will find their paradise here, with ample land to cultivate their green dreams. Whether you're nurturing vibrant blooms, growing fresh herbs, or simply enjoying the therapeutic benefits of tending to the land, this property invites you to create your own botanical haven. Inside, the thoughtful design seamlessly connects the living, dining, and kitchen areas, ensuring that the stunning outdoors remains an integral part of your daily life. The abundant natural light that filters through the expansive sunroom windows enhances the inviting ambiance of the interior. For outdoor enthusiasts, this property is a dream come true. Nearby hiking trails beckon exploration, while lush green spaces offer ample room for recreational activities. The serene Donahue Memorial Landing in Cornwall on Hudson adds a touch of tranquility, perfect for moments of reflection. 53 Mine Hill Road is more than a home; it's a lifestyle. Whether you're seeking an escape from city life, a canvas for your gardening passions, or a peaceful retreat, this property delivers. Experience the serenity and beauty of Cornwall, NY - contact us today to schedule a viewing and make this enchanting property your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017