229 Main Street
About This Property
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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 |
|---|---|---|---|
| Nov 8, 2024 | Listed | $359,000 | |
| Listed | |||
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Don't let this well-maintained ranch located just north of Colebrook with a nice 1.10 +/- Acre lot and great views of the Connecticut River Valley and majestic Monadnock Mountain get away! The home features two bedrooms, a full bathroom, kitchen/dining room area, and a spacious living room. The flooring in the kitchen/dining room is ceramic tile, and hardwood in the living room and bedrooms. A three-season porch on the back of the home provides a nice space to sit, relax and enjoy the beautiful scenery. The basement is spacious and could be turned into a family room, hobby area or extra sleeping area when you have guests. Heating system is only three years old. The property has an attached heated two car garage. On the lower level, with entrance on the backside of the home, is another one car garage providing you with a shop area and storage for lawn care equipment and your toys. The back of the home is a very spacious lawn area. Within walking distance to Colebrook's Main Street and grocery store. Don't wait take a look today!
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by Raymond E. Davis Real Estate | $239,000 | |
| Listed by Raymond E. Davis Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017