7297 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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2025 | Relisted | $47,500 | |
| Relisted | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Listed by Eagle Valley Realty | $47,500 | |
| Listed by Eagle Valley Realty | |||
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Improved 3.5+/- acres of land near Narrowsburg. This property is mostly wooded, level to slightly sloping land with frontage on 2 roads. There is an existing mobile home pad with a drilled well and a gravel driveway from Rt 97. Take your time and really walk around on this property to enjoy all that it has to offer. Close to the charming hamlet of Narrowsburg and the Delaware River.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017