115 Moonlight Ridge
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 11, 2023 | Sold | ||
| Sold | |||
| Nov 10, 2022 | Listed by Geri Reilly Real Estate | $1,495,000 | |
| Listed by Geri Reilly Real Estate | |||
| | |||
|
Spectacular Colchester Lakefront! Breathtaking views over Malletts Bay and the distant Adirondack Mountains are the highlight of this west facing lakefront property. A close second are the handmade stone stairs leading over a small stream and gently down to 370 feet of owned lake frontage. There you'll find a pebble patio perched by the water's edge and tucked under a magnificent cliff face. It's the perfect place to watch sailboats drift by on a hot Summer afternoon. The landscaped yard near the existing structure is flat with handmade stone walls and a large stone patio. The space is perfect for entertaining friends and family with views of the sunset from nearly every part of the lawn. The property's 4.5 acres offer plenty of privacy, yet it's not isolated. Located at the end of a dead end street, there are a handful of neighbors nearby (although none are visible from the property), and it's a quick 20 minute drive to downtown Burlington. The house itself is a blank canvas ready to be renovated into a modest lakefront home. Or tear down the original structure and use the existing utilities to build your dream home on this one-of-a-kind lot. Small artist's studio is a great bonus space. Close to I-89, UVM Medical Center, and minutes to eateries. Don't miss this unique opportunity!
| |||
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Four Seasons Sotheby's Int'l Realty | $1,095,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017