2609 Lower Newton 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 |
|---|---|---|---|
| Aug 18, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2022 | Listed by Ridgeline Real Estate | $375,000 | |
| Listed by Ridgeline Real Estate | |||
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Enjoy the ease and convenience of one level living in this spacious ranch. Situated on one acre, this home offers a unique, well appointed layout. You'll love entertaining in the open living and dining area, relaxing on the back deck overlooking the scenic fields behind the house, and tinkering in the 2 car garage. Enter the home through the entry hallway, with a convenient coat closet. Entertaining is a breeze from the fully equipped kitchen, into the sun filled dining and living room. Take the party outside to the spacious back deck, perfect for barbecuing. The primary bedroom features a private bathroom and walk in closet and is tucked away on the opposite end of the house from the other bedrooms. Down the hall from the living room you'll find the 3 other bedrooms and the full bathroom with laundry hookups. With walk-up exterior and interior stairs to the basement, there are copious possibilities to finish the space for additional square footage for the home. Outside enjoy gardening or playing in the yard. Watch the world go by from the covered front porch. Lilac trees fill the yard with color in early spring, and offer privacy from its foliage all summer long. Great location, less than 10 minutes to downtown Saint Albans, Saint Albans Bay Park and I89. Burlington is an easy 35 minutes drive.
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| May 10, 2016 | Sold | ||
| Sold | |||
| Mar 21, 2016 | Listed by CENTURY 21 MRC | $219,900 | |
| Listed by CENTURY 21 MRC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017