3238 Route 7
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by Coldwell Banker Hickok and Boardman | $539,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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Classic Vermont farmhouse nestled on almost 6 acres in the heart of Ferrisburgh. Impeccably maintained, this house offers an authentic charm along with thoughtful modern improvements including solar panels that power the newly installed heat pumps (for both heating and cooling), a newer wood stove, Brazilian soapstone counters, stainless steel appliances, and a lovely private brick terrace accented with the obligatory firepit every home needs. Sitting on a sweet, private 5.9 acre lot dotted with a barn, pond, and perfectly suited for gardens, this charmer has views of both the Green and Adirondack Mountains. Conveniently located 5 minutes to Vergennes, 15 minutes to Middlebury, and 30 minutes to Burlington. Showings begin 5/7. Please see list of improvements included.
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| Dec 30, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Listed by Four Seasons Sotheby's Int'l Realty | $425,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Experience the best of country living while enjoying a direct commute to Burlington (30 minutes) or Middlebury (20 minutes). This four bedroom, three bathroom vintage Italianate Farmhouse retains its charm, but has many recent improvements. A solar array generates electricity that powers the newly installed heat pumps, which provide heating and cooling. Benefit from a very low utility bill for decades to come, and even turn the meter back the other way for energy credit some months! Cozy up by the new efficient wood stove for extra heat. Enjoy cooking in the brightly lit kitchen with vintage details and many recent upgrades, including Brazilian soapstone countertops and stainless steel appliances. Witness the gorgeous sunset over the Adirondack Mountains as you gather around the dining room table for quality time with family and friends. Head upstairs to find a generous primary bedroom with ample closet space and a ¾ bath. Or, take the secret back staircase up to the guest room, with views of the barn and pond. Spend summers grilling on the back patio, exploring the 6 acres with the Green Mountains as a backdrop, or observing the baby turtles and wetland birds in the pond. Just steps to the town office and grange hall, post office, Union Meeting Hall, elementary school, Gilfeather’s gourmet market, and a short drive to Vergennes with its amenities, you really can have it all. The seller is a licensed Realtor in the State of Vermont.
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| Dec 13, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017