1201 Calais 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.
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 |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jun 18, 2021 | Listed by Central Vermont Real Estate | $185,000 | |
| Listed by Central Vermont Real Estate | |||
| | |||
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100+ acre parcel with easy access, complete privacy, roughed in driveway, nice mix of open and wooded, small pond on property, brook, and potential views to the East and South. Land varies but is mostly gently sloping or rolling with south-eastern exposure. Several potential building sites offer nice southern exposure and would be great for solar. Potential long range mountain views to the east and south with some clearing. Parcel is mostly wooded with a blend of open and wooded with mature trees and diverse species. Property hasn't been logged for about 20 years. Beautiful stone walls wind through the property, delineating the old meadows of the original farm. Old logging and farm roads throughout property are perfect for exploring everything the parcel has to offer. The property is not currently in land use but could be enrolled to realize substantial tax savings and to insure that the land and forest is well managed and preserved into the future. Easy access to Route 2 with Montpelier and St Johnsbury both less than 30 minutes away. This would be a great spot to build your dream home or an opportunity to own a beautiful piece of Vermont for future use.
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| Jul 30, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2019 | Listed by Wade I Treadway Real Estate | $156,000 | |
| Listed by Wade I Treadway Real Estate | |||
| Aug 31, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017