58 Birch Hill 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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Price Decreased |
$600,000
↓ $25K
(4%) | |
| Price Decreased | |||
| May 3, 2024 | Listed by Coldwell Banker Realty | $625,000 | |
| Listed by Coldwell Banker Realty | |||
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Sprawling Ranch set on 3+ Acres of Park like property! This meticulously cared for home is move in ready w/ TONS of investment potential! Set back off the road, this 3 BR + DEN, 2 1/2 bath home offers 2,000+ sq ft of living space and a 1,500 sq ft unfinished basement! Living area includes a Large Living Room featuring a wood burning FP w/ Georgia marble, open concept dining area w/ sliders to Deck + Pool, Oversized kitchen w/ vintage appliances, 1/2 bath + den/family room. Down the hall to the primary bedroom w/ en suite bathroom, 2 additional lg bedrooms + hall bath. The rear entry room w/ Laundry closet is perfect as a large mudroom/playroom/office. Potential Galore in the unfinished basement...w/ over 1500 sq ft of unfinished area, great storage or work shop w/ potential to finish! The amazing outdoor space offers front porch, Deck + Pool as well as amazing yard + Privacy! Great commuter location...minutes to Westchester Boarder + I-684, less than 1 mile to Brewster Train station!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017