70 Plumtree 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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by William Raveis R.E. & Home Services | $524,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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This roomy Cape style home is located just a short drive to Amherst and is a brief walk to the bus line. While the listing says it is 4 bedrooms, the septic system is sized for 5. The floor plan allows for flexible usage of the rooms and can easily accommodate a home office, or separate guest space. The yard is fenced and has a fire pit and garden area. The land to the rear of the property is under APR and used to farm. The home also has a back up generator to keep essential items running. In addition to the 2 car garage there is a two car car port for additional parking and storage.
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2021 | Listed by William Raveis R.E. & Home Services | $379,800 | |
| Listed by William Raveis R.E. & Home Services | |||
| Feb 25, 2002 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017