1592 Dexter Mountain 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%.
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Listed by Century 21 Farm & Forest | $349,500 | |
| Listed by Century 21 Farm & Forest | |||
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Come and drink in the stunning westerly views of the Green Mountain Range from this 65.4-acre parcel. Thoughtfully crafted into a surveyed 5-lot subdivision, there is already water and wastewater permits in place to build up to a 7-bedroom home on each lot, a central access road, and underground power to the lots. Situated on Dexter Mountain, a dead-end town-maintained road with Comcast Xfinity Cable internet, about two-thirds of the property is open land and hay fields, while the remainder is a nice mixture of hard and softwood trees. So many possibilities with this property, whether you’re an investor, a developer, a builder, or someone who wants a large, private parcel of land in Vermont’s beautiful Northeast Kingdom. A cabin shell has already been constructed on Lot #5, so you can leave your tent at home! Glover is home to Lake Parker (5 miles away) and Shadow Lake (6.5 miles), as well as the one-of-a-kind Bread & Puppet Theatre & Museum. In addition, you have access to three of Vermont’s top ski resorts —Burke Mountain, Jay Peak, and Stowe — all within 40 miles, and the Craftsbury Outdoor Center is a 15-mile drive. Lace up your boots, bring your snowshoes, and come explore this country gem.
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| Jun 9, 2017 | Sold | ||
| Sold | |||
| Jul 1, 2016 | Listed by Century 21 Farm & Forest | $159,000 | |
| Listed by Century 21 Farm & Forest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017