55
Map
342 US Route 2
About This Property
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Coldwell Banker Islands Realty | $499,000 | |
| Listed by Coldwell Banker Islands Realty | |||
| May 4, 2026 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Mar 10, 2026 | Price Decreased |
$550,000
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Feb 6, 2026 | Price Decreased |
$599,900
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jun 30, 2025 | Listed by Matt Lumsden Real Estate | $649,900 | |
| Listed by Matt Lumsden Real Estate | |||
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Welcome to this beautifully renovated Cape in the heart of South Hero! Featuring 3 bedrooms and 2 full baths, this home blends classic charm with modern updates. Hardwood floors flow throughout, accentuated by rich natural woodwork and thoughtfully crafted built-ins. The inviting sun porch is the perfect spot to relax and enjoy the seasons. With an attached one-car garage plus a detached two-car garage, there’s plenty of room for vehicles, storage, or hobbies. The flat yard offers endless opportunities for gardening, play, or outdoor entertaining. Located within walking distance to the village of South Hero, this home provides both convenience and charm in one of the Champlain Islands’ most beautiful communities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017