877 HILLSIDE Road
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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 |
|---|---|---|---|
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by SAM'S REALTY BE | $234,900 | |
| Listed by SAM'S REALTY BE | |||
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Open House Sunday Nov, 15th 1-3 This Lake house won't last long. This is perfect for either a weekend get away or starter home. Come view your very own lake house minutes off the Taconic. This home has been completely gutted to the frame. Spray foam insulation, new roof, siding, electrical, plumbing kitchen and bathroom. Along with the 2 bedrooms and 1 bathroom, this home consists of a custom designed kitchen with stainless steel appliances and a washer/dryer hookup. Even the septic and well is brand new!!! Enjoying the scenic view through the kitchen window prevails the most calming get away in your own back yard. There isn't anything in this home that hasn't been updated. Come enjoy your lake view from your back deck!,ExteriorFeatures:Landscaped,Outside Lighting,AboveGrade:672,InteriorFeatures:Washer Connection,Electric Dryer Connection,French Doors,FLOORING:Vinyl,Tile,Level 1 Desc:2 BEDROOMS, FULL BATH, KITCHEN, LIVING ROOM,ROOF:Asphalt Shingles
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| May 6, 2020 | Sold | ||
| Sold | |||
| Mar 2, 2020 | Listed by Houlihan Lawrence Inc. | $50,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Attention contractors, builders, and investors: this cottage on Hillside Lake is waiting for you! Not for the faint of heart, this home is in need of major renovation. A damaged roof and exposure to the elements has led to extensive damage throughout. Salvage or tear it down -- with the right vision, this will be an investment worth making. Take advantage of the recent efforts by the town and state to restore the lake to its natural beauty. Property is being sold as-is. Cash or rehab loan will be required. Close to the Taconic. Come with a vision and make it yours. Additional Information: HeatingFuel:Oil Above Ground,
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Property Highlights
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Price/ft²
Listed On
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About Hillside Lake
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$4,950 /mo
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017