Lot 1-B Lake 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 27, 2022 | Sold | ||
| Sold | |||
| Feb 25, 2022 | Listed by Jim Campbell Real Estate | $36,900 | |
| Listed by Jim Campbell Real Estate | |||
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If you have been looking for a building lot with a country setting, this could be the right lot to build your home. Consider this prime building lot located on the Lake Road in Newport, VT. City water, power at the roadside, nicely wooded with a perfect private building area and all approved for a conventional septic system. Easy lot to work with and super convenient to town.
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| Jun 25, 2021 | Sold | ||
| Sold | |||
| May 10, 2021 | Listed by Jim Campbell Real Estate | $31,900 | |
| Listed by Jim Campbell Real Estate | |||
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Last Updated Date: 2021-06-25
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4859827
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