555 Old State Route 22
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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2023 | Listed by Coldwell Banker Realty | $400,000 | |
| Listed by Coldwell Banker Realty | |||
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Nestled in the serene countryside of Dover Plains, stands the captivating property at 555 Old State RT 22. This turn of the century colonial, constructed in 1900, exudes charm & possibilities at every turn. With 4 bedrooms, 2 bathrooms & an expansive 3880 sq feet of living space, this estate offers an idyllic retreat for those seeking a blend of classic architectural beauty with a home-town feel. As you approach the property, you are greeted by a picturesque setting of lush greenery, mature trees & well maintained property all on a 6.8 acre lot that has endless options. This is a rare opportunity to bring this majestic colonial back to life. Home is being sold AS IS!! Bring a vision & your contractor. 555 Old State RT 22 is more than just a home, it is a testament to timeless beauty, a retreat from the world, and a sanctuary to be cherished. Experience the rich history, elegance & tranquility that this property offers & embrace a lifestyle that seamlessly blends. Subdivision Possible!!
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| Aug 24, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017