951 South 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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Price Decreased |
$499,900
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Mar 18, 2025 | Listed | $525,000 | |
| Listed | |||
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Set on a serene corner lot, this charming 3-bedroom, 2-bathroom home, built in 2016, perfectly blends modern living with a peaceful rural setting. Enter through a convenient mudroom featuring a large coat closet. The open-concept design creates a spacious and airy feel, with a large living room and dining area that flow into a well-appointed kitchen, ideal for cooking and entertaining. The master suite is a true retreat, offering plenty of space, including double closets, and easy access to the second full bathroom. Two additional generously sized bedrooms provide comfort and flexibility for family or guests. Outside, the private deck offers a quiet space to unwind while enjoying the tranquil surroundings. This home is just minutes from scenic spots like Mount Watatic, Pearl Hill State Park, and Trap Falls. Plus, shopping and dining options within close proximity, you can enjoy the best of both rural serenity and convenience. Welcome home!
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| May 12, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017