240 Drowns Mill 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 |
|---|---|---|---|
| Oct 28, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Rise Realty | $369,900 | |
| Listed by Rise Realty | |||
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240 Drowns Mill Rd. has been meticulously updated. 3 bedroom 2 bath situated on 12 acres in Coventry! Minutes to an amazing school system, shopping, Jay Peak Ski Resort, VAST and VASA trails and more! The home presents 3 bedrooms on the main level with plenty of natural light for your comfort. Sun rises warming the balcony giving you the best start each and every day. The lower level is for your entertainment. A bar room, family room and walkout to a pristine lawn. Move in ready and enjoy years of peace in this home. New appliances, generator, flooring, paint, roof, septic system and more. With trails out back throughout the land and areas perfect to place a private camp.
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| Aug 19, 2020 | Sold | ||
| Sold | |||
| May 2, 2020 | Listed by Jim Campbell Real Estate | $209,000 | |
| Listed by Jim Campbell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017