7372 US-9
About This Property
location to your local banks, post office, shopping, restaurant, hospital and the county seat. Minutes to the High Peaks, Lake Placid, and close to I-87. Featuring 4 BR/closets, 21/2 BA, lg. family room with woodstove, country kitchen with lots of cupboards & workspace, attached garage, laundry area, and a lovely enclosed sitting porch.
Well maintained home, move-in ready. Older but cozy and comfortable. Many upgrades, new windows, metal roof, vinyl siding and a new Generac( runs the whole house when the power goes out).Also, a big barn/garage, workshop with woodstove and a paved circular driveway. Property has a lot for a manuf. home that brings in additional income. Helps pay your taxes.
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Cap Rate Calculator
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 28, 2025 | Sold | ||
| Sold | |||
| Oct 27, 2024 | Listed by Country Road Real Estate | $199,000 | |
| Listed by Country Road Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017