61 Old Stage 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 |
|---|---|---|---|
| May 27, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Sotheby's International Realty | $1,150,000 | |
| Listed by Sotheby's International Realty | |||
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Remarkable opportunity in the heart of the Olde Village. The 5.81 property is made up of 3 parcels: 61 Old Stage Rd, which has 4.83 Acres and a 3 bedroom house with detached garage. These buildings appear to be beyond renovation. 111 Pine Tree Drive and 129 Pine Tree Drive are two 0.49 Acre lots which likely have merged into one 0.98 Acre lot. This is an incredible spot to build your dream home(s) and given the new Accessory Dwelling Unit zoning change, the potential here is endless. Taxes may vary due to owner use of the property; buyer should confirm.
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| Nov 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 25, 2021 | Relisted | $1,500,000 | |
| Relisted | |||
| Oct 22, 2021 | No longer available | - | |
| No longer available | |||
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Address: 335 Madison Avenue, New York, NY 10017