1408 Windmill Point
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 |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by Paul Poquette Realty Group LLC | $895,000 | |
| Listed by Paul Poquette Realty Group LLC | |||
| Dec 9, 2023 | No longer available | - | |
| No longer available | |||
| Sep 15, 2023 | Listed by Paul Poquettte Realty Group, llc | $1,750,000 | |
| Listed by Paul Poquettte Realty Group, llc | |||
| | |||
|
Welcome to the most unique (and wonderful) family compound on Lake Champlain. Two homes offering nearly 5000 square feet of living space. One faces east and one faces west and are located on the peninsula that is Windmill Point. On the east side is a beautiful, well appointed, one level contemporary with three bedrooms and two baths. The property boasts 190' direct lake frontage and offers spectacular sun and moon rises over the lake as well as vistas of Vermont's Green Mountains. It is the perfect place to bring the family swimming in the shallow, soft sand bottomed Windmill Bay. In the mood for a blazing sunset? Walk across to the west side of your property. Here, you will find a 3 bedroom, 2.5 bath well cared for home with 172' direct, clean broad lake frontage. Gorgeous sunsets are a regular occurrence year round and you can't beat the water quality and depth that make the west side of the property great for boating. This compound has brought the current owners many years of joy and has been the impetus for countless family memories. They are now ready to pass the torch and let new owners love it as much as they have! Less than an hour's drive from Montreal and Burlington and just over a half hour from Plattsburgh, this is a truly special property in a truly special place. The manager has listed the unit size as 5306 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017