637 Route 22
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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%.
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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.
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 |
|---|---|---|---|
| Feb 8, 2022 | Sold | ||
| Sold | |||
| Nov 5, 2021 | Listed by Houlihan Lawrence Inc. | $495,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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In-town Farmhouse and Garden. Renovated Antique Farmhouse located in the hamlet of Croton Falls, in the Town of North Salem. The character and charm of an old house, extensively renovated over the last 25 years in the "new old house" style. Walk to Town and Metro North trains. Featured on the cover of This Old House Magazine two times. Three bedrooms, two full baths, separate detached one car garage and Home Office Studio above. 1/4 acre of landscaped fenced yard with outdoor seating areas; brick paths, brick terraces, gravel terrace, and privacy, while still within walking distance to restaurants and shopping in the hamlet of Croton Falls. Enjoy Trout fishing in the stocked East Branch of the Croton River across the street. Act now-Homes with this much charm and character are hard to find!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017