7 Birch Trail
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 21, 2024 | Listed by William Raveis-New York, LLC | $475,000 | |
| Listed by William Raveis-New York, LLC | |||
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Welcome to Hill & Dale! Step into a serene escape at this expansive lake house that promises a retreat-like experience all year round. Boasting the cozy ambiance of a rustic cabin, this property exudes charm at every corner. The main living area is adorned with an oversized stone fireplace and soaring cathedral ceilings, creating a warm and inviting atmosphere. Numerous upgrades, with the master bedroom standing out for its unique character, complete with built-in features and wrap-around windows. A versatile loft area provides extra space for various activities like crafting or exercise, while the lower level presents an ideal setting for a home office. Outside, the property showcases a new driveway, stonewalls, cedar fences, and lush perennial gardens that will captivate any gardening enthusiast. For car lovers, a detached 1,500+ sqft heated garage awaits, fulfilling every car enthusiast's dream. With so much to offer, this lake house is truly a gem waiting to be discovered - schedule a visit today and experience its charm firsthand!
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| Feb 1, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017