2948 Button Bay 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.
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 |
|---|---|---|---|
| Jan 28, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Vermont Real Estate Company | $399,000 | |
| Listed by Vermont Real Estate Company | |||
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Tranquility awaits at this beautiful country property. Situated on 3 acres you can enjoy gardening, fruit orchard, Adirondack sunsets, wildlife in the back fields and a stocked pond for hobby fishing or ice skating. The 1890s farmhouse boasts four bedrooms, 1.5 baths with tons of historic charm. Features include new windows throughout, wide pine and maple hardwood floors and detailed woodwork and trim. The cast iron cookstove is a statement piece offering wood burning firebox to take the edge of cold nights and traditional electric oven/burners. Attached one car garage with expansive storage above or potential to add additional living space. Back outside one will adore the detached barn which has served as a workshop over the years and the new 16x24 foot outbuilding with electricity, water access and retaining wall with gravel landing for dog kennel, in-home business or gardening storage. Ideally located only minutes from endless recreation options including hiking, biking, fishing and golf at the nearby Basin Harbor Club, Button Bay State Park and boat launches.
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| May 15, 2018 | Sold | ||
| Sold | |||
| Jan 31, 2018 | Listed by Four Seasons Sotheby's Int'l Realty | $270,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017