1390 Route 106
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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2023 | Listed by KW Vermont | $379,000 | |
| Listed by KW Vermont | |||
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In the heart of a small, picturesque town, nestled amidst towering pine trees and sprawling farmland stands a home that has witnessed the ebb and flow of history. This remarkable dwelling, built during the tumultuous era of the American Civil War, has stood the test of time, proudly displaying its architectural grandeur and serving as a living testament to the resilience of the past. Welcome to 1390 Rt 106, a beautifully restored and reimagined historical home in Reading, Vermont.This charming property, originally built in 1863 as The Dexter P. Gates homestead, seamlessly blends old-world charm with modern convenience. brought back to life. The redesigned floor plan offers a harmonious flow perfect for everyday living and entertaining. This stately home is both spacious and inviting featuring 3 bedrooms and 2.5 baths.The property has been updated with new windows, an energy star heating system, new plumbing, new electrical and a newly drilled artesian well all wrapped up in old world charm. Escape to your own peaceful oasis, surrounded by hundreds of acres of untouched woodlands. You can own a piece of historic Reading VT and enjoy the soothing sounds of nature without the hefty tax bill! Schedule your private showing today!
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| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | Listed by KW Vermont Woodstock | $99,000 | |
| Listed by KW Vermont Woodstock | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017