2 Porterwood Drive
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 |
|---|---|---|---|
| Nov 17, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by BHHS Vermont Realty Group/S Burlington | $80,000 | |
| Listed by BHHS Vermont Realty Group/S Burlington | |||
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Several affordable possibilities on this well located lot in Williston. This is owned land with .14 acre and the $60-70 month fee to the Williston Fire District takes care of sewer and water and road maintenance. The mobile home currently on the lot needs complete rehab inside. The cost of that and the lot would certainly be cost value effective. Or remove the current home and put on a slab and a good used mobile home or new one; build a tiny home or small house; or put on a doublewide. This is a good corner lot and only minutes to all the shopping and dining one would need. I89 is only 5 minutes away. Plenty on lots in this development have done any one of the above options. Because of the pre-existing non-conforming nature of this development the zoning is more flexible.
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| Aug 5, 2014 | Sold | ||
| Sold | |||
| Nov 12, 2013 | Listed by Chenette Real Estate | $49,000 | |
| Listed by Chenette Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017