2847 Vt. Route 22A
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 |
|---|---|---|---|
| Aug 9, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2022 | Listed by BHHS Vermont Realty Group/Vergennes | $949,000 | |
| Listed by BHHS Vermont Realty Group/Vergennes | |||
| Feb 24, 2022 | No longer available | - | |
| No longer available | |||
| Oct 28, 2021 | Listed by BHHS Vermont Realty Group/Vergennes | $1,100,000 | |
| Listed by BHHS Vermont Realty Group/Vergennes | |||
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This magnificent Cape sits at the top of the ridge capturing the 360 degree view of both the high peaks of the Adirondacks to the west & beauty of the Green Mtns to the east! Enjoy your mornings on the east facing covered porch watching the sunrise & finish your day on the expansive west facing covered porch watching the sunset. The 20 acres that surround the house offer a diversity of uses. The gentle slope to the west is perfect for a vineyard or developing a mini farm for sustainable & independent living. Inside you will love the wood accents, large windows and glass doors that bring the mtn. views & natural light into the home. The kitchen faces the great room w/ a woodstove insert in the Panton Stone fireplace. The glow of the fire is captured in the gleaming HW floor that runs throughout the home. The 1st floor master suite offers 2 rooms for separate sleeping areas or a private office or sitting room that is closed off from the rest of the home. There is also a master suite on the second floor w/ its own sitting area. There are extra rooms on the 2nd floor for a quiet yoga area, hobby room or office space. The 1 BR apt has its own private entrance & laundry but can be accessed from the main home as well. The main source of heat is geothermal, the home is powered by the solar array nestled at the back of the property. There is back up oil heat if ever necessary, central AC and a garage that is large enough for your cars, RV, & toys. WOW! The manager has listed the unit size as 6118 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017