241 Middle Road
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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 |
|---|---|---|---|
| Apr 7, 2025 | Listed | $90,000 | |
| Listed | |||
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Barre Town, spacious .93-acre piece of land offers a prime opportunity to build your dream home. With electricity and town sewer conveniently located at the street, the property is ready for a private water source to be added. A driveway is already in place, ensuring easy access to the site. Enjoy breathtaking mountain views and an open space ideal for hosting gatherings or creating the outdoor oasis you’ve always envisioned. Close proximity to shopping and interstate access adds practicality to this location. Don't miss the chance to experience the beauty and convenience this property has to offer!
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| Apr 11, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by OwnerEntry.com | $89,000 | |
| Listed by OwnerEntry.com | |||
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0.93 acres of cleared land in Barre Town with public sewer available. Multiple house site locations for either slab on grade or walkout basement style foundations. Leveled house site at the top of the property provides excellent views. Right down the road from Barre Town Elementary/Middle School and the bike path
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| May 11, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by Leslie Drown Real Estate LLC | $32,000 | |
| Listed by Leslie Drown Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017