884 Plank 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%.
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 8, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Price Decreased |
$390,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
| Jan 4, 2024 | Listed by Diane C. Butler | $405,000 | |
| Listed by Diane C. Butler | |||
| | |||
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Waterfront Cottage on Black BrookThis charming two-bedroom, one-bathroom cottage is the perfect Catskill Mountains getaway. Located in Forestburgh, New York Just two hours from NYC and 20 minutes from MTA North Train Line. With its new metal roof, brand new appliances, and recent renovation this home is turn-key and move-in ready, or a perfect Short Term Rental.Comfortably work from home, Host weekend getaways or simply relax and enjoy the peace and quiet of your own private sanctuary in the beautiful backyard.Enjoy all the outdoor activities the Catskill Mountains offer:-Fish in your own brookWithin 10 minutes of several public boat launches, hiking trails, and forest preserves15 Miles from the Beautiful Upper Delaware Scenic & Recreational River1 Mile from the Forestburgh Playhouse16 Miles from Bethel Woods Center for the Arts -The original site of WoodstockHouse itself is NOT in the flood zone and does not require flood insurance
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| Dec 21, 2023 | Listed by Diane C. Butler | $390,000 | |
| Listed by Diane C. Butler | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017