9 Hill 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 |
|---|---|---|---|
| May 4, 2022 | Sold | ||
| Sold | |||
| Oct 29, 2021 | Listed by Coldwell Banker Realty - Manchester | $400,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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property is at the end of Hill Rd high enough to have some winter views of Chebacco Lake. Some updates have been done. new deck, new Navien heating system and water filtration system newly installed. Subject will need a septic system. plans are approved with Board of Health but buyers responsibility to install. well on property but unknown where. will need a construction loan.. Buyers must be willing to sign an owner occupancy certificate. Oversized detached garage and parking for 4. vacant and can be seen anytime. email listing agent buyer should perform their own due diligence. seller and seller agent makes no warranties.
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Address: 335 Madison Avenue, New York, NY 10017