216 Lucier Farm 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 |
|---|---|---|---|
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Mar 25, 2019 | Listed by Century 21 Farm & Forest | $222,500 | |
| Listed by Century 21 Farm & Forest | |||
| Jul 30, 2017 | Listed | $222,500 | |
| Listed | |||
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Great vacation property or year-round home just 2-miles from Jay Peak Resort entrance. Home consists of 3 bedrooms, 2 full baths, large eat-in kitchen while the half-acre lot offers 700' brook frontage. This home is like new. Owner has used it as a rental for skiers at Jay Peak. All furnishings are negotiable. The manager has listed the unit size as 1824 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017