71 Northwest 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 20, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Feb 2, 2024 | Relisted | $450,000 | |
| Relisted | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Listed by Canon Real Estate, Inc. | $450,000 | |
| Listed by Canon Real Estate, Inc. | |||
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Enjoy wilderness from this log cabin situated on 10+ acres in beautiful Westhampton. Post & beam construction, vaulted ceilings, and an open concept make this interior truly special. Enter into a beautiful kitchen with updated appliances and butcher block countertops along with intricate woodworking details. The kitchen is open to the dining room and living room which feature vaulted ceilings, wood beams and a great reading room or office with a ton of sunlight. French doors provide access to the large deck. Also on the first floor is a full bath and one bedroom. The second floor has two additional bedrooms and another full bathroom. The exterior was freshly stained and painted in 2023. This home features brand new energy efficient replacement windows throughout (2021), newer hot water tank (2018), newer septic tank (2019), and newer electrical panel (2020). Lovely acreage features trails and a stream.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017