276 Point 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.
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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 |
|---|---|---|---|
| Aug 18, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $459,000 | |
| Listed | |||
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Exceptional, year-round waterfront home with 190' on Lake Elmore, is uniquely situated in a quiet cove set on an even, lush lot. This extraordinary lakefront house has both the summer camp feel when the weather is warm and a ski cabin vibe in winter. The property is adjacent to Stowe, the Ski capitol of the East, and close to Montpelier, the Vermont State capital. Backcountry access to the popular Fire Tower Trail and Catamount trail is a short stroll away via Elmore State park and Elmore Mountain. The open kitchen/living/dining plan on two levels, makes family and friends gatherings a breeze. An oversized wrap-around deck allows for perfect water views and spectacular sunrises. A view of the lake is available from all 4 bedrooms. A private sandy beach awaits you from the finished walkout basement. Private dockage provides the perfect swim platform or a launch for your boat, canoe or kayak's short ride across the lake to the iconic Elmore General Store and Post Office. Perfect for winter activities including x-c skiing, snowshoeing, and even ice fishing for delicious Perch! Bonuses include a 2+ car garage and separate workshop for your tinkering pleasure. Lots of space to store all your toys. Please call Denise Trombley at 802-793-6584.The manager has listed the unit size as 3271 square feet.
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| May 26, 2017 | Listed by BHHS Vermont Realty Group/Morrisville-Stowe | $459,000 | |
| Listed by BHHS Vermont Realty Group/Morrisville-Stowe | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017