58
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128 Gale
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%.
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 |
|---|---|---|---|
| Jul 18, 2026 | Price Decreased |
$385,000
↓ $14K
(3.5%) | |
| Price Decreased | |||
| May 30, 2026 | Price Decreased |
$399,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
| Apr 7, 2026 | Listed by RE/MAX Northern Edge Realty/Colebrook | $410,000 | |
| Listed by RE/MAX Northern Edge Realty/Colebrook | |||
| Aug 7, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | Listed by KW Coastal and Lakes & Mtns Realty/A Notch Above | $419,000 | |
| Listed by KW Coastal and Lakes & Mtns Realty/A Notch Above | |||
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Charming 3-Unit Property with Flexible Living Options in Prime Canaan Location, 128 Gale Street, Canaan, VT – This exceptional property offers flexible living as a 3-unit income producer or spacious single-family home. The meticulously renovated main residence features a sun-drenched living room with fireplace, elegant dining room, and gourmet kitchen with oversized quartz island. The luxurious primary suite includes a private balcony, walk-in closet, and spa-like bath, plus two additional bedrooms. The finished lower level impresses with a sprawling rec room featuring a custom wet bar – ideal for gatherings. The second-floor apartment boasts an open-concept layout, generous bedroom with walk-in closet, full bath with stackable laundry, and private balcony. The third unit currently operates as a successful grooming business but could easily convert to a charming 1-bedroom in-law suite. Exterior highlights include a 2-car garage, fenced dog run, wrap-around covered porch, and ample paved parking. Enjoy walkable access to Canaan's schools, parks, dining and shopping, plus direct snowmobile/ATV trail connections. This property perfectly blends modern upgrades, income potential, and Vermont's quintessential charm! Whether you're looking for a multi-generational home, rental income, or a spacious single-family retreat, this property delivers endless possibilities. Don’t miss this one-of-a-kind gem in the heart of Canaan!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017