245 West Hill Road
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by Heney Realtors/Montpelier | $338,000 | |
| Listed by Heney Realtors/Montpelier | |||
| | |||
|
Nestled in a quiet place with commanding views of Mt. Hunger and White Rocks from the covered porch and wraparound deck. Surveyed 11.52 acres are mostly wooded with an open portion around the homestead. Constructed in 2015 to be exceedingly efficient from the ground up. Poured concrete foundation was formed utilizing a rigid foam reinforced block system. The structure is wood frame with log siding and efficient themalpane windows capped with a standing seam roof. Inside you will find an open design with a cathedral ceiling and glass doors looking across to the Worcester Mountains. A propane fireplace can be used to augment heating and the living room and dining area flow together. The kitchen has a smart design with an island and L-shaped work area. A full bath connects to the living area. Also on the main level is a master suite with a large shower. The lower level is used as an Air BnB or guest suite with a kitchenette and large open rec room with direct entry and a wonderful cozy woodstove. A bonus room and new three quarter bath are on this level. This bathroom has pump up fixtures, laundry and utility space as well. Utilities include a direct vent Rinnai propane fired heater on each level. Domestic hot water is made via an instant on demand propane hot water heater. Utility lines are in conduit from the road to this home. A drilled well has a water filter and softener. Large shed offers extra storage and raised bed gardens are ready for planting. Close to Montpelier.
| |||
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed by KW Vermont | $299,000 | |
| Listed by KW Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017