18 Passumpsic Point
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 26, 2018 | Sold | ||
| Sold | |||
| Feb 1, 2018 | Listed by Martha E. Diebold/Hanover | $324,900 | |
| Listed by Martha E. Diebold/Hanover | |||
| Jul 30, 2017 | Listed | $429,000 | |
| Listed | |||
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Come tie your boat up to the dock! Year-round cottage has two bedrooms as well as an enclosed sleeping room, screened porch, deck and a garage. Perfect for enjoying New England's four seasons. Sitting on the screen porch or deck, you will enjoy listening to the loons and watching the hot air balloons float overhead. Ice fishing within feet from your door. Property sold furnished with family removing some personal belongings. Don't miss out on this wonderful opportunity to own a year-round home on Lake Fairlee! The manager has listed the unit size as 1347 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017