15 Shore 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%.
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 14, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | Listed by Ridgeline Real Estate | $338,500 | |
| Listed by Ridgeline Real Estate | |||
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Amazing opportunity to own a year-round waterfront home, on beautiful Lake Arrowhead. In the summer, enjoy launching your kayaks, canoes or paddle boards, all from your backyard! In the winter, this is your own quintessential and peaceful escape. Enter the home through the covered front porch. Slated tile flooring in the entryway makes for a designated mudroom area. Neutral vinyl flooring stretches throughout the home. Step into the cozy living room, which opens up into the dining room. Down the hall is a convenient 3/4 bathroom. Wake up to lake views and sunrises from the large window in the bedroom. The kitchen is equipped with an electric cooking range, refrigerator and microwave. There's plenty of space for cooking meals and entertaining friends and family. The flexible sunroom off the kitchen offers space for so many options. Enjoy as an additional living space, den, office, guest space, and more; the options are abundant. Access the back deck from the sunroom, which overlooks the lake, making for a picturesque space for barbecuing and relaxing. Surrounding trees offer natural shade in the peak of summer. Take in the beauty of the scenery and all the wildlife. There's plenty of land to enjoy, with a garden space, stone fire pit, and shed. Only 5 minutes to Milton town amenities, and only 20 minuets to both Burlington and Saint Albans!
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| Aug 26, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Signature Properties of Vermont | $189,900 | |
| Listed by Signature Properties of Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017