614 Main 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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Real Broker MA, LLC | $240,000 | |
| Listed by Real Broker MA, LLC | |||
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Discover the potential in this nearly 3,000 sq. ft. antique property with 2-car attached garage surrounded by the beauty of the mountains. With timeless character ready to be restored, this home offers endless possibilities for investors, builders, or anyone dreaming of creating their private retreat. Featuring over 58 acres of land that is partially cleared and logged while the rest preserved as stunning natural forest. Whether you restore the antique home to its former charm or build your dream home, this property presents a rare opportunity to own a piece of mountain beauty. Schedule a tour and see for yourself! Property is currently in Chapter 61 with a Forest Management Plan. Sold as is where is. Cash buyers only.
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| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017