Lot 3 Cider Mountain 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 |
|---|---|---|---|
| Nov 1, 2023 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Coldwell Banker Hickok and Boardman | $299,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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Situated between two serene mountain streams, this secluded 7-acre building lot is the perfect location for your Vermont mountaintop dream home! At over 2,000-feet in elevation, this coveted piece of land is perfect for solar and offers endless possibilities for stellar sunsets and views of Sugarbush and the Mad River Valley, with some clearing. Located on Cider Mountain Road in East Warren, on the western slope of Burnt Mountain, this parcel is part of a five-lot subdivision that includes 60 acres of conserved forest land great for hiking, snowshoeing, and mountain biking. The lot is located at the end of a private road and offers a mix of birch, hardwood, & evergreen trees for a secluded setting. Just minutes from 3 area ski resorts, you can be first on the lift any day of the week and enjoy the shops in the quaint villages of Waitsfield, Warren, and the Mad River Valley. The lot has a state wastewater permit and septic design in place for a 3-bedroom home + 1-bedroom accessory dwelling unit. Easily connect to electric and cable at the road! Truly an exceptional opportunity for Vermont living "at its peak"!
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| Mar 5, 2021 | Listed by Mad River Valley Real Estate | $190,000 | |
| Listed by Mad River Valley Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017