1490 Beaver Meadow Road
About This Property
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by Martha E. Diebold/Hanover | $1,450,000 | |
| Listed by Martha E. Diebold/Hanover | |||
| Nov 2, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Four Seasons Sotheby's Int'l Realty | $1,295,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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1490 Beaver Meadow Road is a gem of a property comprising a beautifully designed Contemporary main house and guest cottage all set on five private acres. It is a wonderful, stylish and inviting place to call home with a relaxing country vibe close to downtown Norwich and Hanover. The three bedroom main house and delightful one bedroom cottage are framed by perennial gardens, fine stonewalls and open lawns. The house has a wonderful flow between living spaces centered around the main level. A well designed eat-in kitchen is truly a cook’s kitchen with high end appliances, ample storage, and granite countertops. The living and dining room area is spacious and light filled with a cathedral ceiling and a wood burning fireplace. The first floor also features a mudroom, laundry and guest bathroom. The second floor bedroom suite has a sitting area and screened porch, two bathrooms and a large walk-in closet. The lower level offers two additional bedrooms, a family room/office, a shared bathroom and screened room. With its large windows and high ceilings, the one bedroom guest cottage is a superb addition to the property and features single floor living, heated floors, A/C and a large mudroom/laundry. The entire property is designed to embrace its bucolic setting and surrounding woodland with inviting deck spaces and covered and screened porches. If you are looking for all the privacy of rural living close to hiking and biking trails, then 1490 Beaver Meadow Road is for you.
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| Nov 15, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017