978 County Route 31
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 |
|---|---|---|---|
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Sep 12, 2020 | Listed by Gibson E McKean Inc | $269,000 | |
| Listed by Gibson E McKean Inc | |||
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Set in the middle of the forest, this home is perfect for building family memories year-round. 18 undisturbed wooded acres offer plenty of room to roam the forest, enjoy the stream or enlarge the pond site. The home has been updated and renovated and you can move right in. The large dining room looks out into the woods and can be used as a family room if desired. Hardwood floors are refinished. Mid-century modern parquet wood floors in the living room are original. The kitchen has a large pantry, brand new appliances and is bright and airy. The office could serve as a breakfast nook or provide dedicated space for the teleworker. The laundry room is easily accessed off the kitchen. The large deck in the rear of the home is perfect for relaxing on a chaise lounge, outdoor dining and grilling or entertaining. The furnace and hot water heater are new. The Artesian well is 7 years old and provides the freshest, best water you ever tasted.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017