282 Main 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%.
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 |
|---|---|---|---|
| Oct 30, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by Heney Realtors - Element Real Estate (Montpelier) | $462,000 | |
| Listed by Heney Realtors - Element Real Estate (Montpelier) | |||
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Unique opportunity in Montpelier – a charming four bedroom, two bath farmhouse with over an acre and a half of land just outside of town. There is a large fenced garden, fruit trees, berry bushes, lilacs as well as a pollinator meadow. Outbuildings include a large shed and a three bay garage. Enter the house through the mudroom into an large kitchen with vintage cabinets. There is a designated dining room with built-ins and direct access to the three season sunporch. Inside there have been updates to the heating system which include a Sam Daniels Wood Furnace. Insulation was added to the attic and the sill and a heat pump installed in the large end-to-end living room. There is a large walkout basement that has natural light with plenty of room for a workbench or gardening projects. Lots to see and enjoy.
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| May 22, 2013 | Sold | ||
| Sold | |||
| Oct 22, 2012 | Listed by Heney Realtors/Montpelier | $245,000 | |
| Listed by Heney Realtors/Montpelier | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017