1508 Mill River 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 26, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | Listed by Four Seasons Sotheby's Int'l Realty | $600,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Welcome to country living! Nestled in a serene setting against a backdrop of conserved land, this exceptional home is a harmonious blend of sleek design & pastoral charm. Step inside to discover a modern open floor plan that seamlessly combines country elegance with a cozy, welcoming ambiance. Hardwood floors add warmth, while a thoughtful design ensures a harmonious flow between living spaces. Sunlight streams through large windows, creating a bright & airy atmosphere that enhances the spaciousness of every room. In its heart lies an expansive kitchen with breakfast bar, island & walk-in pantry. The primary bedroom is a sanctuary of tranquility & style, meticulously designed to provide an intimate haven. A bonus room on the 2nd level offers a multifunctional space, ideal for a home office, playroom, media center or possibilities as vast as your imagination. Escape to the finished basement, a versatile space that can be transformed to suit your needs. With full bath, it offers endless possibilities – from a family room, den, home gym or guest suite. Conveniently situated near scenic trails, Lake Champlain, town beach & parks w/loads of recreation inviting you to explore the great outdoors & soak in the tranquility of the countryside. Short commute to Downtown Burlington & nearby St. Albans Historic Downtown. Beyond the boundaries, you'll find yourself in a quintessential New England village where community spirit thrives. Don't miss the chance to make this VT home your own!
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| Dec 30, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2019 | Listed by Rossi & Riina Real Estate | $379,000 | |
| Listed by Rossi & Riina Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017