2176 Drake 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.
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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 |
|---|---|---|---|
| Mar 19, 2021 | Sold | ||
| Sold | |||
| Feb 22, 2021 | Listed by Champlain Valley Properties | $159,900 | |
| Listed by Champlain Valley Properties | |||
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This is a great single level house with a nice open floor plan. You are welcomed at the entrance by a warm pellet stove in the mudroom area. The pellet stove heats the house nicely and if you're a lover of warm toes, the radiant heat in the floors will keep you toasty warm. The mudroom, living room, dining area and kitchen are all open which is great for entertaining. The bedrooms are on opposites ends of the house with the double door bath just off the kitchen and direct access from the master bedroom. The master also has a good sized walk in closet that's great for all of your clothing and extra storage needs. The yard has the fantastic tow story barn for animals or added storage; it's a versatile space that can be used in a host of ways; built in approx 2017. A small set of woods to the south offers privacy and shade and there's a walking bridge over the seasonal stream. The play yard is fenced in to protect the little ones, either kids or pets. The shed has a work bench and shelving in one section and an open area for the garden tractor, pellet storage or what all in the other section. A nice property with a lot of possible uses. Located not far from Castleton University, the NY state line and approx 20 minutes to Rutland.
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| Aug 8, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by Four Seasons Sotheby's Int'l Realty | $139,900 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
| Dec 13, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017