229 Miltimore 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 |
|---|---|---|---|
| Apr 30, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2019 | Listed by Lisa Hampton Real Estate | $98,500 | |
| Listed by Lisa Hampton Real Estate | |||
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The time is now to have your very own cabin in the woods! This charming log cabin is sited on 11.20 private acres with local mountain views. The property would lend itself well to a vacation home, hunting cabin, or a year round home for buyers looking to live off-grid. You are welcomed by a covered front porch overlooking the mountain views with direct entry into the living space. As you enter into the open concept living space you will notice there is lots of natural light and wood features. In the living room there is a wood stove and log beams on the ceiling. There are two large bedrooms on the second level for plenty of sleeping options. Cabin has a full concrete basement with a double door walk out which could be extra living space if needed. The house has 2 solar panels with a Xantrex 1800 Powerhub with 4 batteries. There is an on-demand hot water heater and the house is serviced by a spring for water and a private septic. Wired for a generator with an outside connection. Direct access to snowmobile trail.
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| Mar 1, 2017 | Sold | ||
| Sold | |||
| Apr 25, 2016 | Listed by Bean Group / Vermont | $104,500 | |
| Listed by Bean Group / Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017