109 Leavitt Circle
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.
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 |
|---|---|---|---|
| Jul 22, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by Century 21 Farm & Forest | $197,000 | |
| Listed by Century 21 Farm & Forest | |||
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Own a piece of heaven with this cozy country cottage located on 3.5 acres right in the heart of Jay, VT. Featured inside are a warming wood stove nestled into an original stone chimney, an open concept living and kitchen room, dining area, sliding glass doors out to a stone patio, 2 bedrooms, a loft for additional sleeping or storage, bathroom and washer/dryer. The master bedroom features a unique retractable door that allows for fresh air and open views. There is also a large storage shed with plenty of cut firewood! The property features cleared land and forest that backs up to Jay State Forest, as well as a large fire pit, working well, outdoor lighting and a horseshoe gravel driveway. The patio is set up for a hot tub or soaking tub with a water and propane hookup easily accessible. The forest itself is lush with northern hardwoods and the land is prepped and ready to be landscaped to your design aesthetic! Enjoy direct views of Jay Peak and the northern green mountains from your backyard. The property is near many of Vermont’s most prized landmarks 15 minute drive to Jay Peak Resort,2 miles down the road from the Northern Terminus section of the Long Trail,12 minutes to Canadian Border,20 minutes to Newport and Lake Memphremagog,An hour and a half from Burlington Just under two hours from Montreal, Section 5 Northern Forest Canoe Trail - Missisquoi River to Lake Memphremagog,Minutes away from the VAST snowmobile trails, Catamount Trail, and town of Jay community rec.
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| Apr 9, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | Listed by Century 21 Farm & Forest | $179,000 | |
| Listed by Century 21 Farm & Forest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017