5800 State Highway 357
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%.
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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.
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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 |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | No longer available | - | |
| No longer available | |||
| Apr 29, 2020 | Listed by Coldwell Banker Timberland Properties | $249,800 | |
| Listed by Coldwell Banker Timberland Properties | |||
| Aug 14, 2019 | Price Decreased |
$249,800
↓ $25K
(9.2%) | |
| Price Decreased | |||
| Apr 29, 2019 | Listed | $275,000 | |
| Listed | |||
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THE BEACH TAVERN...circa 1800. A Historic CATSKILL Turnpike Stagecoach Tavern turned residence. First time being offered in over 30 years!! The owners painstakingly restored the residence with a purist mindset. FIVE CORNER DECORATIVE FIREPLACES, a 40 FOOT BALLROOM, original woodwork and 6 inch pine floors grace the home. A preservationist's dream home with original details intact! The kitchen addition offers modern amenities like a hidden dishwasher, 5 burner gas stove, new appliances while honoring the past with a coal Kalamazoo cooktop stove and reclaimed 12'-18 pine floors. Off the kitchen you'll find a light-filled dining room with access to the lush side garden. A large living room overlooks the East Sidney Lake and mountain views! A separate parlour room would make an excellent formal living room or office. There is a spacious bedroom on the first floor and contemporary full bath. Upstairs there are three additional bedrooms. a 40' ballroom would make a spacious bedroom with sitting room or a home studio space. The property sits on 11.4 surveyed acres on both sides of the road. There is 775 feet of private East Sidney Lake access. A large barn rests on the other side of the road but doesn't hamper the mountain views! Close to the Village of Franklin which offers quaint shops like Blue Farm Antiques and the soon to come 422 Main St. 3 hours from the GWB! The manager has listed the unit size as 2730 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017