8851 Route 28
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 22, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by River Realty Services, Inc. | $183,900 | |
| Listed by River Realty Services, Inc. | |||
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In the heart of the Catskills! Looking for a weekend getaway? 1 Bedroom, 1 Bathroom Cottage/Bungalow/Ranch in Town of Shandaken! Relax on your deck overlooking the Esopus Creek! Partly wooded, private. Close to Skiing, Hiking, & biking. Sold as-is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**
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| Jul 31, 2006 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017