85 Foster Road
About This Property
The living room boasts a vaulted ceiling with skylights, an exposed brick chimney with a wood stove centered in the home provides a warm and cozy atmosphere on chilly evenings. The impeccable woodwork adds charm and character to the home, while the updated kitchen with open granite counters and exposed beams is perfect for entertaining family and friends. Three sets of sliding glass doors provide tons of natural light and easy access to the outdoors to enjoy relaxation and tranquility in the hot tub on the large deck.
For the equestrian enthusiast, the property features a two-stall barn with a run-in shed that has an additional two stalls with an overhang. Over 2-acre paddock gives plenty of room to graze. The large vegetable garden and fruit trees provide a bountiful harvest for you to enjoy.
Nature lovers will appreciate the property's proximity to over 3500 acres of state park land containing trails for riding horses and hiking. Just eight minutes to the train and shopping, this home offers total privacy and is an easy house to love. Don't miss out on the opportunity to make it your own! Additional Information: ParkingFeatures:2 Car Detached,
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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 |
|---|---|---|---|
| May 24, 2023 | In contract | - | |
| In contract | |||
| May 5, 2023 | Listed by Keller Williams Hudson Valley | $550,000 | |
| Listed by Keller Williams Hudson Valley | |||
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About Scotchtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017