16 Poplar Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by KW Vermont | $240,000 | |
| Listed by KW Vermont | |||
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Welcome to your dream renovation opportunity in the heart of Springfield, Vermont! This unique colonial-style property offers a remarkable blend of classic charm and modern potential, making it the perfect canvas for you to create your ideal home. This spacious home provides ample room for a growing family, hosting guests, or even converting extra bedrooms into home offices or creative spaces. A spacious layout, generous room sizes, and classic architectural details are just the beginning of what this property has to offer. The house features 5 bedrooms, providing ample space for your family's needs. A separate space with its own bedroom, bathroom, kitchen and family room adds versatility to this property. Generate rental income, host extended family, or create the ultimate home office. The expansive lot offers plenty of room for gardening, outdoor activities, or even expansion opportunities, ensuring you can fully enjoy the tranquility of the Vermont countryside. This property's "good bones" provide the ideal foundation for your creative vision. With a little imagination and TLC, you can transform this colonial gem into a true masterpiece. Invest in your future and take advantage of this fantastic opportunity to own a colonial-style home with so much potential. Don't miss out on this Springfield, VT gem – schedule a showing today and start turning your dreams into reality!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 20, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017