3 Marsh Hill 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 |
|---|---|---|---|
| May 7, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by KW Vermont | $310,000 | |
| Listed by KW Vermont | |||
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You won’t want to miss this beautifully maintained and nicely updated home on 2 acres in Fairfax. The sellers have done many updates during their ownership including a new front porch, new deck and sliding glass door, new flooring, vanity, and toilet in the downstairs bathroom, new stair treads, along with a new refrigerator and dishwasher. Fresh paint throughout much of the main level of the home. Spacious open floor plan with the kitchen adjacent to the dining area and living room is perfect for entertaining. Three bedrooms and a spacious full bathroom upstairs; ideal for a growing family, and another bedroom downstairs with new flooring and windows, and a ¾ bathroom making it perfect for a guest suite. Additional features include plumbing hookups for a kitchen/bar in the large, finished area in the basement, plenty of room for a family room, playroom, or man cave, and lots of windows to let the sun in. Unfinished portion of the basement with mechanicals and washer & dryer hookups, and an attached one car garage. Take advantage of the wonderful outdoor features including a large shed, new gutters and outdoor lights, new privacy fence, fenced in yard for the kids, or explore the woods where you will find a fire pit. Convenient location only 35 minutes to Burlington, 25 minutes to St. Albans, close to the River Berry Farm and the river for some Sunday fishing! Showings begin on 3/4/2021.
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| Feb 28, 2017 | Sold | ||
| Sold | |||
| Jul 15, 2016 | Listed by KW Vermont | $244,000 | |
| Listed by KW Vermont | |||
| Sep 30, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017