3391 Carter 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.
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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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by Century 21 Farm & Forest | $355,000 | |
| Listed by Century 21 Farm & Forest | |||
| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Century 21 Farm & Forest | $289,000 | |
| Listed by Century 21 Farm & Forest | |||
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You’ll love how spacious and inviting this home is on the inside and just imagine what you can do with 10 acres of land. Best of all there are mountain views in almost every direction, including Jay Peak and Bear Mountain. The 1,700 square feet of living space consists of 2 average size bedrooms and 2 large bedrooms, each offering good closet space. The main living area boasts an open layout with a nice flow between spaces. At the front is the living room with 6’ glass sliders that lead out to the covered porch. The U-shaped kitchen boasts newer stainless appliances and a peninsula that’s perfect for prep work and makes it easy for everyone to help when it’s time to decorate the holiday cookies. In between is the dining area. Around the corner from the kitchen is a large pantry and the full updated bathroom. The laundry is conveniently located in the mudroom. The partially finished basement is currently set up as a den with a pellet stove, an area dedicated to exercise equipment, a corner bar, and there’s still room for more. In addition, there’s the utility room and another separate storage area. Good mini farm potential as the land is open and wooded, plus there is a barn on the property. In addition, there are established perennial beds and apple trees. All this is 16 miles from Newport and Lake Memphremagog, Jay Peak Resort is a 14-mile drive, plus the VASA ATV trails are nearby. Houses like this are in high demand, so come see it before it’s gone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017