6 Houtman Drive
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | Listed by Howard Hanna Rand Realty | $465,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Wow! So much to offer & absolutely adore in this beautiful, unique, 2728 sq. ft., 10 room, 5 bedroom raised ranch in Town of Montgomery, that abounds with antique charm, style and flair and special features & upgrades. It includes a lower level with a kitchen, living room, 2 bedrooms, & full bath & ceramic tile floors. Perfect for extended family. It sits on a lovely .78 acre property with ornamental & cherry trees, has a covered back deck to entertain or BBQ & 3 car heated detached garage with carriage style doors & AC wall unit, a fancy detailed paved driveway. The upper level has dramatic open floor plan, cathedral ceilings & recent Pergo floors in living/dining/kitchen with portable gas heater. Living room has picture window. Great kitchen with Corian counters, glass stove cooktop with center island & wall oven with microwave above. The primary bedroom has walk in closet & private bath with tub & shower plus 2 additional bedrooms. Main bath has ceramic tile, dual vanities & shower/tub. This is a picture postcard property. Minutes to village shopping, parks, restaurants, Wallkill River & close to I84. Approx 1 hour 30 min to midtown Manhattan.Come see for yourself!
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| Feb 2, 1994 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017