1836 Shellhouse Mountain 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%.
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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 |
|---|---|---|---|
| Sep 15, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by Larkin Realty | $489,900 | |
| Listed by Larkin Realty | |||
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A home as sustainable as it is beautiful! From the stunning wood beams inside to the solar panels outside, this custom farmhouse was thoughtfully designed to be elegant and efficient. The main floor features open living and high ceilings and a half-bathroom off the entryway. The custom kitchen offers butcher-block countertops, Moroccan tile backsplash, stainless steel appliances, and an original porcelain farm sink. The artistic second floor – intentionally constructed to be cozy and heat efficient – offers three bedrooms and two bathrooms, as well as the sleek convenience of a washer and dryer. The lower level features a one-bedroom/one-bath mother-in-law-style apartment with a separate entrance. The apartment is currently rented for $950 per month to tenants who would like to stay. A large home office is located downstairs adjacent to the apartment, also with a separate entrance. Custom wood decks surround the front of the house. A slate deck in the back. The yard and gardens are easy to maintain with a firepit for evening fun. Five minutes from the cute shops and cafes in Vergennes. Thirty minutes to Burlington. Twenty minutes to Middlebury. Easy access to wherever you work or play.
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| Nov 18, 2016 | Sold | ||
| Sold | |||
| Jun 23, 2016 | Listed by Flat Fee Real Estate | $424,900 | |
| Listed by Flat Fee Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017