196 Louis Street
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 21, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by RE/MAX All Seasons Realty | $389,900 | |
| Listed by RE/MAX All Seasons Realty | |||
| Jun 28, 2023 | Sold | ||
| Sold | |||
| May 5, 2023 | Listed by Jim Campbell Real Estate | $389,900 | |
| Listed by Jim Campbell Real Estate | |||
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This home shows like new, as it has been completely remodeled inside and out. Situated on a spacious .45 acre lot within the charming Village of Derby Line, VT and featuring 2200+sq.ft of living area. The main level offers an open concept kitchen/dining/living area with a vaulted ceiling, 3 bedrooms and 1.5 baths. The modern kitchen comes complete with stainless steel appliances, granite & quartz counters and custom cabinetry. The walkout lower level offers a spacious family room (with electrical & plumbing roughed in for a kitchenette or bar area), bedroom/office area, large mudroom/closet area and a ¾ bath. Additional features include the 1-car garage/workshop area, covered front porch and a composite deck (12’x24’+) overlooking the back yard. Recent updates include all new windows, doors, electrical, plumbing, flooring, drywall, interior paint, lighting, trim, vinyl siding, gutters and much more. This will be a very efficient home with quality Marvin windows throughout, LED lighting, Roxul & spray foam insulation, on demand propane hot water and three propane direct vent heating units. You will be sure to enjoy the convenience of Village living; all on a quiet dead-end street and within walking distance to the Baxter Park, library, Derby Elementary School, the Canadian border crossing, Derby Line Village Inn Restaurant & Lounge, etc. High-speed Xfinity cable & internet connections. Turn-key and move in ready, this is an absolute must see property!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017