531 Western Highway
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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%.
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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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | In contract | - | |
| In contract | |||
| May 20, 2023 | Listed by Howard Hanna Rand Realty | $699,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
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THE MOST VERSITLE RAISED RANCH YOU WILL EVER FIND-This beautifully renovated home on a generous level lot has the perfect private space for permanent or weekend guests. The classic brick trimmed exterior denotes the welcoming features inside. The main level has a granite eat-in kitchen, adjacent family room or office, formal dining room, deck for dining al fresco, huge living room,3 large bedrooms and 2 full designer baths including an en-suite in the main. The lower level has prime guest space with a bedroom, den or second bedroom, bath, living room, eat-in summer kitchen and private entrance. The sought after Blauvelt location is in the Southern part of Rockland County for an easy commute to NYC or NJ. Its larger municipality Orangetown is home to the river towns with their marinas and the many shops and restaurants. There is public golf and tennis plus many parks and community sports programs. Schools are in the well known S. Orangetown District. This house may be the one for you.
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| May 6, 2023 | Listed by Howard Hanna Rand Realty | $699,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017