163 Estates 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.
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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 17, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Jim Campbell Real Estate | $197,500 | |
| Listed by Jim Campbell Real Estate | |||
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Ranch style home with 3 bedrooms, 2 baths (to include a master en-suite) and desirable location on the East Side of town with shared access to a sandy beach on Lake Memphremagog. Features include an open concept floor-plan in the kitchen/dining/living room areas, updated stainless kitchen appliances, hardwood flooring, a 3-season sunroom (12’x12’), enclosed front porch (8’x22’), 2-car attached garage (22’x23’), back deck and a full basement that is partially finished with a family room, workout area and guest room. City water & sewer and high-speed Comcast/Xfinity cable for internet & tv. Quiet neighborhood setting with spacious front and side lawn areas. Shared private lake access is just a short walk away, for a minimal $15/ month association fee, where you will be sure to enjoy the 1200+/- ft of lake frontage with one of the nicest sandy beaches on the entire lake. All situated in a highly desirable neighborhood and within walking distance to the bike path, schools, downtown Newport, North Country Hospital and recreational walking/hiking trails & x-country ski/snowshoeing trails at the nearby Bluffside Farm (managed by VT Land Trust).
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| Sep 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Price Decreased |
$179,900
↓ $5K
(2.8%) | |
| Price Decreased | |||
| Mar 22, 2019 | Relisted | $185,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017