6045 Fall Clove 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 |
|---|---|---|---|
| Sep 2, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Feb 26, 2024 | Listed by Keller Williams Upstate NY Properties | $120,000 | |
| Listed by Keller Williams Upstate NY Properties | |||
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If you have a passion for barn restoration, are looking for a serene parcel to set up a weekend camp, or have a vision for a hilltop residence with sweeping southerly and easterly views, then this could be the ideal option for you! The dairy barn looks to by in structurally sound condition, and could be utilized in a number of ways. It has a newer 200 amp breaker box, wifi connection, and is located presence just off the quiet, paved, town maintained road. Following the established entry driveway, the lot features an open lower meadow with a few natural springs (deeded spring rights to pond across the road from the northern spring), McIntosh apple trees dotting the western area near the barn, and then rises up along mature woods and eventually into an upper build site. The views from this location are idyllic, and the upper site has a 300' drilled well (just needs a well pump, utility poles on the upper lot allow for easy power access), and gravel driveway with parking area. Located under 10 minutes to the Andes, and under 2.5 hours to the GWB, this could be the weekend escape or dream home site you have been searching for!
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| Nov 13, 2014 | Sold | ||
| Sold | |||
| Jul 15, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017