5482 State Route 3
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Relisted | $74,900 | |
| Relisted | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Dec 29, 2023 | Listed by Salmon River Realty | $74,900 | |
| Listed by Salmon River Realty | |||
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Back on market! Buyer unable to obtain financing. Check out this charming 3 BR 1 BA farmhouse, and with a little love and elbow grease it could be your forever home. This home has 3 bedrooms, 1 full bath, a dry basement, and some original hardwood floors. The kitchen has lots of cupboards and counter space. The home has a brand-new oven / range, and the home is heated with a coal stove. With a little over three acres of land on a pie shaped lot with dual road frontage, this property has a barn with water and electric and a detached 2 car garage. There is also has two sheds on the property for additional storage. You can access driveway from Rt 3 or Munger Hill Road.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017