2227 West 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 |
|---|---|---|---|
| Jul 15, 2024 | Listed by Berkley & Veller Greenwood Country | $495,000 | |
| Listed by Berkley & Veller Greenwood Country | |||
| Nov 15, 2023 | No longer available | - | |
| No longer available | |||
| Oct 17, 2023 | Listed by Berkley & Veller Greenwood Country Realtors | $525,000 | |
| Listed by Berkley & Veller Greenwood Country Realtors | |||
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A fabulous Westminster West property, in a desirable location with 3.9+/- ac, situated high, capturing seasonal views of distant hills; this whimsical home offers a versatile floor plan, including a charming studio apartment, perfect for guests, family, in-home office, or rental. Benefiting from numerous upgrades, including, paint, window, doors, roof, kitchen and bath, adorned with locally made Ewald tiles. The inviting interior offers an open concept kitchen/dining area, complete with a fireplace/wood-stove. A sun-filled living room opens onto the side deck, where you can enjoy the soothing sounds of the brook below. A covered front porch entry provides a cozy space to take in the views and see your neighbors, walkers, runners and cyclists, the many who enjoy this beautiful dirt road loop. Storage room can be found in the attic, or walk-out basement, complete with a washer/dryer. Beautiful stone retaining walls, steps and a patio, built by local mason, enhance this home. Enjoy easy access to the miles of trails at the Windmill Hill Pinnacle, the Pinnacle is the highest and most scenic peak (about 1,683 feet) in Westminster, Vermont. This is a wonderful place to call home. The manager has listed the unit size as 1982 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017