3089 Vt Route 11 West
About This Property
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | No longer available | - | |
| No longer available | |||
| Mar 9, 2024 | Listed by Engel & Völkers Okemo | $159,000 | |
| Listed by Engel & Völkers Okemo | |||
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Charming 1850's Cape in need of restoration. Due to a freeze up, most of the first floor has been taken down to the studs and is ready for renovation except for the living room which is still intact with fireplace. The second floor has 3 bedrooms and has been newly sheet rocked and primed. The second floor bath has been reconfigured to accommodate a 3/4 bath with tiled shower. The roof has been replaced on the main house and the first floor windows have been replaced. The attached carriage barn, with the original outhouse, would make a wonderful great room or studio. There is also a detached two car garage. Come and see if this renovation project is a good fit for you. Convenient to Magic, Bromley, Okemo and Stratton mountains. The manager has listed the unit size as 1732 square feet.
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| Jan 19, 2024 | Listed by Engel & Volkers Okemo | $159,000 | |
| Listed by Engel & Volkers Okemo | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017