70 Reservoir 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 |
|---|---|---|---|
| Jan 12, 2018 | Sold | ||
| Sold | |||
| Dec 14, 2017 | Listed by Roche Realty Group | $399,000 | |
| Listed by Roche Realty Group | |||
| Jul 30, 2017 | Listed | $399,000 | |
| Listed | |||
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Imagine total privacy within 1.7 miles of Merediths scenic town docks. Picturesque fields, lawn areas, woodlands and a beautiful scenic pond unfold around this historic 1850 brick twin chimney cape. Business & Industrial zoning allow for many uses. This property abuts large conservation lands and walking trails extend to a town maintained conservation park. The home has many original features and needs refurbishment. It is a rare find to locate approximately 30 acres of this quality in the Scenic Resort town of Meredith. The manager has listed the unit size as 2016 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017