2196 Elmore 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 |
|---|---|---|---|
| Nov 7, 2022 | Sold | ||
| Sold | |||
| Jun 9, 2022 | Listed by BHHS Vermont Realty Group/Waterbury | $147,900 | |
| Listed by BHHS Vermont Realty Group/Waterbury | |||
| Jan 21, 2022 | No longer available | - | |
| No longer available | |||
| Dec 2, 2021 | Price Decreased |
$169,000
↓ $41K
(19.5%) | |
| Price Decreased | |||
| Oct 20, 2021 | Listed by New England Landmark Realty LTD | $210,000 | |
| Listed by New England Landmark Realty LTD | |||
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Bring your vision! This house is ready for a make-over to turn it into a cozy low-maintenance retreat from the rat race. Set against a gorgeous mountain pasture, once renovated it will leave you all the time in the world to work from home, play outdoors, or relax and gaze at the mountains behind it. It is perfectly located to take advantage of all the recreational opportunities that the area offers, including winter skiing at Stowe, Smugg's, or Trapp's just a half hour, or Jay Peak, Bolton or Sugarbush within an hour. In the summer you are also centrally located between Elmore Pond, Lake Eden, Waterbury Reservoir, Wrightsville Dam, Lake Caspian, with a plethora of hiking, biking, and outdoor action. Cultural activities, restaurants, breweries, farmer's markets and all your amenities are minutes to the burgeoning community of Morrisville. Or in a short drive to Stowe, Hardwick, Greensboro, Montpelier or Waterbury you'll find even more variety for shopping, taking in the arts, dining farm-to-table, and outdoor recreation. The manager has listed the unit size as 816 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017