3029 Elmore 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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Pall Spera Company Realtors-Stowe | $365,000 | |
| Listed by Pall Spera Company Realtors-Stowe | |||
| Aug 12, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by Coldwell Banker Carlson Real Estate | $295,000 | |
| Listed by Coldwell Banker Carlson Real Estate | |||
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Welcome to the cabin in the woods where the mountain lifestyle awaits you on this beautiful 7.41 acre lot. Conveniently located 10 minutes to Stowe and a short drive to the quaint Elmore General Store. Enjoy summer afternoons on Lake Elmore, bike rides on picturesque country roads, and hiking on Mount Elmore. Outfitted with a little cabin overlooking a pond for a camping adventure on your own land. Close to Stowe Resort, Jay Peak, and Smugglers Notch for winter fun on the slopes. Expansive views of Mt. Mansfield will be revealed with tree clearing. Excellent opportunity to build your mountain home on one of Vermont’s best roads.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017