237 Ellisons Lake 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%.
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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by William Raveis Vermont Properties | $1,250,000 | |
| Listed by William Raveis Vermont Properties | |||
| Feb 1, 2021 | No longer available | - | |
| No longer available | |||
| Nov 15, 2020 | Listed | $1,450,000 | |
| Listed | |||
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Lake Rescue in the Okemo Community offers the best of every season. This property is nestled in the tall pine trees, overlooking the lake, and offers all you could want in a home. Every season offers boundless outdoor activities. Enjoy waterfront peace with a quiet morning swim followed by an afternoon of hiking on the trails of Okemo Mountain Resort only 6 minutes away. In the winter, soak in the silence of the snow-covered lake, sweep off the ice for some ice skating just outside your door, or make the short trip to Okemo for a day of skiing and riding. This warm and welcoming home is the perfect place to return to after a fun-filled day in the Okemo Valley. Relax with family and friends around the woodburning stove or whip up a meal to serve the masses in the wide-open kitchen adorned with granite counters, cherry cabinets, and stainless appliances. The expansive master bedroom suite boasts soaring ceilings, numerous large windows, and 2 sets of sliding doors that lead onto your private deck… the perfect spot to take in views of Lake Rescue. Stunning details including some custom doors with burled wood grain, custom-built benches on the deck, exposed wooden beams, and sliding barn doors add to the appeal and character of this wonderful lakefront paradise. This property has something to offer for anyone and is certainly not one to miss. The manager has listed the unit size as 2842 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017