212 Main Street
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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 28, 2022 | No longer available | - | |
| No longer available | |||
| Apr 4, 2022 | Listed by Badger Realty North | $699,000 | |
| Listed by Badger Realty North | |||
| | |||
|
White Mountain Cafe and Book Store is a well-established business located in the heart of the White Mountains in Gorham, NH. It is situated on Main St in Gorham which is also US Route 16 and US Route 2. The Cafe, with an adjourning bookstore and gift shop, is currently open seven days a week for breakfast and lunch. It is a popular rest stop for the hiking community, outdoor enthusiasts, and locals of the area looking to get fresh coffee, pastries, and sandwiches. During the summer months, there is a choice of outdoor seating in the front or enjoy a relaxing atmosphere overlooking the Androscoggin River in the back. For added income, there is a five room, two-bedroom apartment on the second floor over the cafe and gift shop. There are also two additional buildings that are being leased separately. After 14 years in business, current owners are looking for a change. This may be just the opportunity for you to take over a small business and enjoy all of what northern NH has to offer. The manager has listed the unit size as 3023 square feet.
| |||
| Mar 16, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Relisted | $699,000 | |
| Relisted | |||
| Jan 27, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017