84 MCGHEE HILL Road
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%.
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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 |
|---|---|---|---|
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Sep 14, 2018 | Listed by H.W. GUERNSEY REALTORS INC. ML | $1,485,000 | |
| Listed by H.W. GUERNSEY REALTORS INC. ML | |||
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McGhee Hill Farm's 46 plus acres of sequestered beauty captures the soul of Dutchess County. Extensive lawn and wooded trail, a spring fed pond, old growth trees, and exquisite plantings make this a magical sanctuary. On the property are two charming live-in ready homes ideal for extended family, generational living, or entertaining. The original building is an 1890s farmhouse with 5 bedrooms, 3 baths, a large family-friendly living room and open dining-kitchen area facing west toward the Catskills. The view encompasses ever changing dramatic sunsets as captured by the Hudson River painters. A big red barn was recently renovated for state-of-the-art comfortable living with all modern features and design touches steeped in history. A great room with a 24-foot ceiling with windows and French doors across three exposures leads to a large stone terrace. This dramatic living and dining space features glowing wide board floors and a large Rumford fireplace. Open to the great room is a high-end kitchen with green stone countertops, professional grade Wolf stove and other top-of-the-line appliances. Off the entry is a handsome powder room. Upstairs there is a sitting room, 2 large bedrooms and two full baths. The double exposure corner master bedroom has built-in cabinets, a walk-in closet, and a window seat. The en suite bath includes double sinks, bathtub and a large walk-in shower. This home is replete with ingenious and extensive storage options, a laundry, and a remarkably preserved haymow, now used as a play or studio space, graced with antique fir floors and a soaring ceiling.,FOUNDATION:Stone,Block,Level 1 Desc:EH, LR/FPLC, MBR/MBA, EIK/WDSTV/GRT RM,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,ExteriorFeatures:Landscaped,Outside Lighting,Storm Doors,APPLIANCES:Water Softener,InteriorFeatures:Electric Dryer Connection,Walk-In Closets,Washer Connection,Beamed Ceilings,Sliding Glass Doors,Gas Stove Connection,ROOF:Asphalt Shingles,FLOORING:Wood,Basement:Interior Access,AboveGrade:2384,Level 2 Desc:4 GST BR, 2 BA,Other School:PRIVATE
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017