7215 State Route 97
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 |
|---|---|---|---|
| May 13, 2021 | Sold | ||
| Sold | |||
| Dec 4, 2020 | Listed by Catskill Mountain Houses | $229,000 | |
| Listed by Catskill Mountain Houses | |||
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This sweet and fresh turn-key 2.5BD/1BA home is already a successful vacation rental located just minutes to trendy amenities in Narrowsburg and Callicoon, and recreation on the Delaware River. Two large bedrooms big enough for queen beds and lots of closet space, and an additional den, provides ample space for storage, working from home, or hosting additional guests. The kitchen layout has great counter/cabinet space and sparkling stainless steel appliances. This versatile property is a smart investment. A bonus three-bay insulated, steel beam garage with concrete flooring is a fantastic space for a workshop, storage, studio, etc. The unfinished walk-out basement presents an opportunity to add value with a recreation room or double your living space. Situated on almost 3 acres, there is a large yard for fire pits and BBQ's, or cool off in your own stream in the summer months! Wonderful home or vacation rental. The Sullivan County Catskills are just two hours from New York City.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017