1277 Thompsons Point 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 |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2023 | No longer available | - | |
| No longer available | |||
| Aug 14, 2023 | Listed by LandVest, Inc. | $2,600,000 | |
| Listed by LandVest, Inc. | |||
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Cedar Farm is a historic, 15+/- acre estate on Lake Champlain with approximately 700 feet of shoreline, surrounded by expansive rolling lawns, meadows, fruit trees and gardens. It is protected on all sides from development. The magnificent main house was built in 1793 with stone walls three feet thick, nine fireplaces, and 12-over-12 wood windows; a historic gem lovingly updated with plenty of 21st-century comforts. There is an attached three-bedroom, three-bath caretaker/ "mother-in-law" apartment, wine cellar, and formal dining room. Other notable features of the main house include a screened porch off the chef's kitchen, a cozy den with original fireplace and a bright and airy private primary suite on the second level. The attic is insulated and accessible via a stairway. A complex of barns includes event space and a large workshop, a free-standing, wood-paneled tower great for reading a good book, comprise the outbuildings. A footbridge crosses a pond to a small island and a stone fire pit. Cedar Farm is within walking distance of a full-service marina. The manager has listed the unit size as 5680 square feet.
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| Oct 12, 2022 | Listed by LandVest, Inc-Burlington | $2,600,000 | |
| Listed by LandVest, Inc-Burlington | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017