6 Upper Otter Rd
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 28, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2023 | In contract | - | |
| In contract | |||
| Jun 21, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 21, 2023 | Listed by Lock and Key Realty Inc. | $349,900 | |
| Listed by Lock and Key Realty Inc. | |||
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Lakeside retreat in the foothills of the Berkshires! Offered at a price you can't beat! Beautiful year-round, gated community of Wildwood w/ 5 private beaches to enjoy. New England's best hiking, biking, swimming & boating. Easy commute to NY, CT & Boston. Own this spacious cape w/ extraordinary in-law or Airbnb income potential. 1st & 2nd levels feature rustic wood floors, 3 beds, 1.5 baths and unique open-concept living space that glows with natural light. Expansive sliders & windows connect you w/ nature & glimmering sunset views of both spring-fed ponds. Updated kitchen w/ stainless appliances & breakfast bar looks out to the wrap-around deck. The bright & airy walkout basement features a bonus room, full bathroom, additional rec room, and outdoor deck just beyond the fire pit - the perfect stay for guests. Fiber-optic Wifi available. One-car garage & large storage barn. Exceptional clubhouse & tennis courts provide amenities w/in the community. Kick back & relax! Summer is here!
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| Jun 1, 2023 | Price Decreased |
$384,000
↓ $15K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017