84 Pappas Lane
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| Apr 26, 2024 | Listed by BHHS Hudson Valley Properties | $350,000 | |
| Listed by BHHS Hudson Valley Properties | |||
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A unique affordable home, first house on a private road. Minutes to Beacon, Metro North train, Rte 84, making commuting a breeze. Loaded with all the essential upgrades, done for you in the last 2 years, new roof, new boiler, oil tank, gutters, flooring, doors and a new 1250 gallon septic tank adding significant value and peace of mind. Tax records show 2 Bedroom, 2 Bath but with new larger septic it should be able to be used as a 3-4 bedroom plus office, 8 rooms 1584 sq. ft. to revamp anyway you need it. The inclusion of two lots in the sale is yet another bonus, offering extra space, privacy and potential for future expansion. Large Bedrooms, Kitchen, Dining Room, Living Room, Office. Growing family, extended family or mother daughter possibilities. Practical features like a level fenced yard, generator hookup, new stainless-steel appliances, cathedral ceilings, laundry in basement. Situated Fishkill Township within the Beacon School District will add appeal for some potential buyers.
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| Apr 20, 2010 | Sold | ||
| Sold | |||
| Feb 27, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017