16 Mallard Drive
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 |
|---|---|---|---|
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Apr 11, 2022 | Listed by Jim Campbell Real Estate | $329,000 | |
| Listed by Jim Campbell Real Estate | |||
| | |||
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***PRICE REDUCTION***Elegant Cape-style home with shared beach/waterfront access to Lake Memphremagog! This home underwent a complete interior remodel in 2020 to create a more open concept and add living space. No expenses were spared when selecting the new finishes to include stainless steel appliances, high-end cabinetry, built-ins, quartz countertops, farmhouse sink, herringbone ceramic backsplash, ceramic tile and vinyl plank floors, blown-in insulation, and so much more! The downstairs features an open living/dining area with a half bath and large mudroom with ample storage space that connects to a 2-car garage. The upstairs consists of two bedrooms and a full bath that includes a steam shower, ceramic tile flooring, large quartz-countered vanity and a clawfoot tub where you can relax and overlook the changing seasons with lake views that extend all the way to Owl's Head. All of this plus a quiet neighborhood setting on a dead-end road with 0.48 acres, a detached shed, and the bike path/cross-country skiing, and VAST trail access nearby. Lakemont Beach Association grants private beach access with 500+ feet of frontage on 1+ acre of common land. As an added bonus, this stunning home is walking distance to shopping, dining, schools and the hospital.
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| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jun 26, 2018 | Listed by Jim Campbell Real Estate | $189,900 | |
| Listed by Jim Campbell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017