70 Olsen 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 |
|---|---|---|---|
| Mar 11, 2022 | Sold | ||
| Sold | |||
| Jan 4, 2022 | No longer available | - | |
| No longer available | |||
| Dec 31, 2021 | Listed by Keller Williams Realty | $1,000,000 | |
| Listed by Keller Williams Realty | |||
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Oct 7, 2021 | Listed by Keller Williams Realty | $1,000,000 | |
| Listed by Keller Williams Realty | |||
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The perfect horse property! Set up to make your dreams a reality! Large barn with 7 stalls with run-outs to paddocks. Hay and equipment storage, tack lockers and a large tack room. Electric and water are in the barn. In addition to the barn there are 4 paddocks with attached run-in sheds. Each run-in shares a frost free water system and has electric (solar) and tack storage. There is a 100x200 arena (+/-) with two holding pens and a 60 ft round pen. The property that is open pasture is all flat and easy to hay. Currently being hayed by neighbor. There is a seasonal stream that runs from the mountain through the back piece of the property and a small brook (year round) that borders the side in the back of the property. The property is bordered by both the Pittsfield State Forest and Balance Rock State Park with over 30 miles of trails. Outhouse by the barn! Current active boarding business! Chapters 61 and 61A property reduce taxes. The manager has listed the unit size as 1766 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017