351 Lovejoy Brook 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 |
|---|---|---|---|
| Mar 4, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | Listed by Mary W. Davis Realtor & Assoc., Inc. | $425,000 | |
| Listed by Mary W. Davis Realtor & Assoc., Inc. | |||
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Charming turnkey, 3 BR, 2 BA , log cabin, filled with character and charm, and only 6-7 miles from Okemo! The open concept kitchen & dining & lounge area includes a new high efficiency woodstove insert on one side with windows framing the other sides. There are large windows throughout this home. The balance of the main floor includes a cozy living room, one bedroom and a full bath with antique claw foot soaking tub. The 2nd floor includes two bedrooms, a small sitting area and a 3/4 bathroom. The large screened in front porch, along with the adjacent 240 sq. ft. Jamaica Cottage Florida Room offers tremendous 4 season enjoyment areas that make this adorable cabin live much larger than it appears. Improvements since 2020 include a new septic system, heat pumps/AC mini split, new bedding and couches, stainless steel chimney liner, insulation, aqua aid H20 filtration system, exterior perimeter drain, etc. Set back off the road just far enough for privacy, yet with a manageable, new driveway, this 2 acre lot is spacious enough that the Solo stove firepit, youth climbing features, and large garden shed, and backyard creek-side deck, blend in comfortably without feeling cramped. With VTEL Fiber Optic connectivity, this is a 4 season charmer! This property is surrounded by much larger parcels and Lovejoy Brook Road is a year round town maintained road.
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| Jul 13, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by TPW Real Estate | $210,000 | |
| Listed by TPW Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017