240 Boulder Hill Drive
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 |
|---|---|---|---|
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by KW Vermont | $820,000 | |
| Listed by KW Vermont | |||
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Perched atop Boulder Hill in Shelburne, take in panoramic views of Shelburne Farms and the Adirondack Mountains from your own spectacular vantage point. This home has 3 levels of living! The first level has a 2 car garage with epoxy floor, large tiled mudroom with built-in storage benches, a finished den, ¾ bathroom, and 2 additional storage rooms, conveniently connected to the garage for easy transfer of gear. Upstairs flows wonderfully from the spacious kitchen to formal dining room, breakfast nook, office, and living room. Kitchen has granite countertops, walk-in pantry, prep sink, and large kitchen island. The formal front entryway leads dramatically to a balcony entrance and into the living room which has built-ins, a gas fireplace, and custom plantation blinds. Take your relaxation outside onto the screened in porch and grill on the back deck. Upstairs are 4 bedrooms, a full guest bathroom with dual vanities, and a master bathroom with whirlpool tub and private views of the cliff face in the backyard! Huge potential with the upper backyard. Stairs with solar lighting climb to the highest spot, perfect for stargazing. Upper yard includes a fire pit and gazebo with electricity and water connections, ready for you to put your own touches on this hideout! Home also has roof mounted owned solar panels, which produce enough to earn credit back. Don’t miss out on owning this special home situated in idyllic surroundings! 3D tour available!
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| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jun 12, 2017 | Listed by Milot Real Estate | $795,000 | |
| Listed by Milot Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017