565 GAGE 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 |
|---|---|---|---|
| Nov 30, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2023 | In contract | - | |
| In contract | |||
| Oct 18, 2023 | Price Decreased |
$349,000
↓ $50K
(12.5%) | |
| Price Decreased | |||
| Oct 2, 2023 | Listed by Elegant Homes | $399,000 | |
| Listed by Elegant Homes | |||
| | |||
|
Very nice 3 bedroom, 2 bath ranch sitting on 22.5 acres of mostly wooded land. New, fresh stoned, long driveway offers complete privacy. Bring your animals, 24'x32', 2 stall barn w/ grain room, hay loft, run-in and storage. Chicken coop and another run-in, too. All new appliances, move-in ready home. Just 16 miles west of Schenectady, easy commute to the Capital Region.
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| Aug 11, 2023 | Listed by KW Platform | $110,000 | |
| Listed by KW Platform | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017