289 Marsh 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%.
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 18, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2020 | Listed by Pall Spera Company Realtors-Morrisville | $210,000 | |
| Listed by Pall Spera Company Realtors-Morrisville | |||
| Nov 27, 2020 | No longer available | - | |
| No longer available | |||
| Aug 24, 2020 | Listed | $249,900 | |
| Listed | |||
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Here we have a property that can offer nearly everything you would need in a homestead. Newly painted exterior. A beautiful easy to maintain 2 bedroom home, remodeled master bedroom. New carpet in living room. Brand new Harmen pellet stove. A custom built front porch with southern yellow pine floor. And there is a new secondary porch also.You will be amazed at the feeling you get when you walk inside with its open concept. There is a detached garage with an upstairs that can be used as storage or you could create a work place for crafts. The landscaping on it's 1 acre lot has been very well done along with a new stone drive and walkway. Enjoy the lovely covered deck to have your BBQs no mater what the weather is. Bonus is a 64X52 workshop! At this point it has a 16x24 office space, 16x26 Kiln Drying Facility and the remainder is a wood working shop/storage. Or you could easily turn it into a automotive garage or any business of your choice. Some equipment could be included in the sale. This can be your new home and a at home business. Located within about 20 minutes from Stowe ski area ,15 minutes to Morrisville, 45 minutes to Jay Peak and about 40 minutes to Barre/Montpelier. Don't wait! The manager has listed the unit size as 1177 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017