80 Midway Avenue
About This Property
Health approved for a two bedroom home. There is town water on the road and no fill for the septic. Contour of the lot allows for potential
walkout basement. Amazing location, minutes to Routes 22, 44 & 343, Main Street, the Rail Trail, local shops and schools and the Connecticut
border. Hamlet residential zoning, allows for multiple uses, possible 2 family. Perfect for a weekend home or full time residence, make this yours
today!
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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 |
|---|---|---|---|
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by KW MidHudson | $70,000 | |
| Listed by KW MidHudson | |||
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