640 Mt Hope 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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Price Decreased |
$474,999
↓ $25K
(5%) | |
| Price Decreased | |||
| May 4, 2024 | Listed by Keller Williams Realty | $499,999 | |
| Listed by Keller Williams Realty | |||
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THIS HOME IS AN ABSOLUTE MUST SEE!!!! Check out this 5 Bedroom, 3.5 Bathroom revitalized 1870's Farmhouse nestled just outside of the City of Middletown and in the Middletown School District. This home is a short drive to local restaurants, shopping centers, close to schools and the Orange County Community College & just 10 mintues drive to Interstate 84. Location is just the start, check out the amenities this home has to offer starting with the stunningly designed kitchen w/stainless steel appliances, quartz counter tops, marble tiled floor, a plethora of cabinetry, dining room, original wide plank hardwood flooring, living room w/electric fireplace, elegant entry foyer, five bedrooms in total one of which is the owners suite w/electric fireplace and 3.5 modernized bathrooms. Theres plenty of driveway parking and a breezy front porch w/stone walkway to the entertainment patio area. This home is an absolute must see!! Don't delay, call now for your showing!!!
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| Apr 20, 2024 | Listed by Keller Williams Realty | $474,999 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017