2638 VT Route 244
About This Property
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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.
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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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Feb 24, 2023 | Listed by Four Seasons Sotheby's Int'l Realty | $350,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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This contemporary Gambrel is located across the road from beautiful Lake Fairlee! With a level lot, there is plenty of garden space, mature apple trees and lots of perennials! The first floor has a pellet stove in the living room to efficiently warm and create a wonderful ambiance for these snowy days, and also has heated radiant floors. The large kitchen is perfect for hosting big meals. The dining nook has a view of the woods, and down the hallway a half bath/laundry room, and a bonus storage room. Upstairs, the spacious primary suite has a walk-in closet, a second closet and an ensuite bathroom with jetted tub and shower stall, heated by radiant floors. Three additional bedrooms upstairs, a second full bathroom and an extra room that has access to an exterior stairway. The home has three garage bays; the smaller bay is currently used as a workshop. Outside is an 8 x 12 shed with an electric overhead light and power outlet. A new generator outlet was installed in 2022. The home has a Buderus oil burner that heats the baseboard units, radiant floors and water. All Harvey classic double-hung windows throughout the home. This property is in a great location with a seasonal view of Lake Fairlee, about a half mile walk to Treasure Island, a local town owned recreation area on the shore of Lake Fairlee with a boat launch about one mile away. Ten minutes to Thetford Academy, 20 minutes to the Dartmouth Skiway, and 30 minutes to West Lebanon.
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| Nov 13, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by Four Seasons Sotheby's Int'l Realty | $289,500 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017