1028 Pine 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%.
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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.
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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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Listed by KW Vermont | $245,000 | |
| Listed by KW Vermont | |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Oct 3, 2020 | Listed by Jim Campbell Real Estate | $279,500 | |
| Listed by Jim Campbell Real Estate | |||
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Private country setting on 13.77 acres of land overlooking partial views of the South Bay/ Lake Memphremagog and the Green Mountain Range. This home has nearly 2400sq.ft of finished living space that consist of the main level that offers 2 bedrooms & a full bath and the walkout lower level that is currently utilized as an in-law suite/rental with 1 bedroom, a den/guest room, 2 baths and an open kitchen/dining/living area. Additional features include several decks on three sides of the home, storage shed, lean-to and a large 32’x40’ garage with heat, 2nd floor storage, 14’ ceilings and three 10’x12’ doors. Optional oil boiler or outdoor wood boiler for the baseboard hot water heat. End of the road location that offers peace & quiet, wildlife galore, apple trees, etc. and all just a 5 minute drive to Newport City amenities. Help supplement the expenses by continuing to lease the lower level or utilize as a single family home. Seller has installed a VTEL high-speed wifi antenna at the property to provide a speed of 20-25 megs (band 12) at the costs of approx. $50 a month. This property has so much potential and a lot to offer for the price.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017