270 Memphremagog Views Street
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 |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Conley Country Real Estate & Insurance | $265,000 | |
| Listed by Conley Country Real Estate & Insurance | |||
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Exceptionally- well-maintained expansive ranch in one of Newport's nicest neighborhoods. Recent window replacements and recent stainless steel appliances. Freshly painted deck last summer. Kitchen with granite counters and loads of counter space and ceramic tile back splash. Large eating area. Hardwood on upper level. 3 bedrooms and 2 baths on the upper level. MASSIVE family room on lower level with 3/4 bath. Views of Memphremagog in the back and views of the Willoughby Gap in the front. Fenced in back yard. Subject to Probate Court Approval which is expected next week. Dead-end road.
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| Jun 18, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Conley Country Real Estate & Insurance | $201,960 | |
| Listed by Conley Country Real Estate & Insurance | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017