7419 Dowd Road
About This Property
The home was recently built with a large mudroom that leads into an open-concept spacious living space with ample room for cupboards, countertops, and a walk-in pantry with multiple shelves. There's space for a large dining table near windows that overlook the valley. The second floor offers an open, unfinished layout with potential for additional bedrooms and a bathroom. Great property to enjoy the scenic valley views!
A second structure on the property provides additional storage space. The property also includes a shop with a concrete floor suitable for a variety of uses. There are two barns, one with horse stalls and a hog pen, and a larger former veal barn with potential for storage, livestock, or other agricultural purposes. Electric and fiber optic lines are available at the roadside. The property is located a short drive from public lands for outdoor activities like hunting and hiking, a DEC-stocked fishing creek, and Swain Ski Center. All rights convey. Motivated seller.
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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 |
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Feb 12, 2025 | Listed by Landquest Inc. | $184,900 | |
Listed by Landquest Inc. |
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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