194 Spruce Lane
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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by KW Vermont - Cambridge | $439,000 | |
| Listed by KW Vermont - Cambridge | |||
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Just bring your bags! Being sold fully-furnished, this Hyde Park home has been beautifully maintained and is perfect for anyone seeking private, single-floor living. From the expansive driveway, enter through the front door and into an entryway with closets. This leads into the large open-plan living, kitchen, and dining area. Stainless steel appliances and lots of cabinet space keep everything modern, and the sliding door to the back patio makes the room bright. There’s even room to add an island! To the right of the main living space you’ll find the primary suite, which has an enormous attached bath and walk in closet. This updated bath has double sinks and also houses the laundry. On the other side of the living space, two additional bedrooms that share a bath. Outside, you’ll discover that this home sits on 2.9 beautiful acres. The front of the home is full of garden plots and thoughtful landscaping. A small patio off the sliding door gives room for seating. From the front entry, there is a covered deck and two seating areas - one next to the garage and one off the front of the house. Surrounded by woods yet with a large plot mostly cleared, there’s so much space to enjoy the land! And with a detached two-car garage and a shed at the end of the driveway, you’ll never be short on storage. Situated on a quiet dead-end road yet only 10 minutes to Morrisville & Johnson and 20 minutes to Stowe, this home is the perfect spot to enjoy all that Northern VT has to offer!
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| Jul 31, 2020 | Sold | ||
| Sold | |||
| Mar 20, 2020 | Listed by Mink Realty | $239,000 | |
| Listed by Mink Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017