54 Howland Road
About This Property
Two wood-burning fireplaces add warmth and character to the home's inviting living spaces, while the classic architectural details and thoughtful floor plan create a sense of sophistication throughout. This is a home filled with charm and has been beautifully maintained making it ready for its next chapter.
Ideally located close to beaches, parks, top-rated schools, shopping, dining, and transportation, opportunities like this in Oak Hill are truly rare. Whether you are looking to settle into one of Middletown's most coveted neighborhoods or searching for a home with enduring style and timeless appeal, this exceptional property is not to be missed!
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
| May 25, 2026 | Listed by O'Brien Realty, LLC | $1,049,000 | |
| Listed by O'Brien Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017