178 Elmore 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 |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Sep 6, 2023 | Listed by The Real Estate Collaborative | $400,000 | |
| Listed by The Real Estate Collaborative | |||
| Jul 4, 2023 | No longer available | - | |
| No longer available | |||
| May 3, 2023 | Price Decreased |
$385,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Mar 11, 2023 | Listed by Berkshire Hathaway HomeServices Vermont Realty Group | $389,000 | |
| Listed by Berkshire Hathaway HomeServices Vermont Realty Group | |||
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Another brilliant Ward Joyce design built with local sustainable wood and passive solar. Nestled in the Worcester village countryside this is a newly built 2023 high efficiency home. Contemporary, open concept floor plan with vaulted shiplap ceilings. Kitchen with commercial gas stove and Energy Star appliances. Butcher block & granite countertops alongside stainless-steel double sink. LED bulbs utilized within fixtures and recessed lighted. Office nook off of living room. 2 bedrooms and 1 full bath. Large mudroom with laundry room capacity. Radiant in-floor heat, 3" spray foam walls, High R48 value air sealed ceiling and R20 value spray foam walls. Utility room with Rinnai boiler, 200 AMP panel, and large washer sink. Enhanced roof overhangs and gutters. Steel beam reinforced carport with direct entry for 1 car and extra car parking in side yard. Near snow mobile trails and many water features. New septic system installed in October 2022. 10 miles to Montpelier or 25 miles to Stowe. The manager has listed the unit size as 1296 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017