37 Covered Bridge Lane
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 |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Feb 13, 2023 | Listed by Pinkham Real Estate | $425,000 | |
| Listed by Pinkham Real Estate | |||
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Picture yourself relaxing on a deck perched above the Saco River, listening to the water running underneath the nearby classic New England covered bridge, enjoying the occasional views of the White Mountains. This beautifully updated chalet enjoys ample river frontage, ideal for cooling off in the hot summer months after a day exploring in the mountains, while in the winter there are peekaboo views of Attitash Mountain! Extensively restored, there is a gorgeous new kitchen with butcher’s block counters and new appliances, bathroom, and mudroom, which is a convenient new spot for snowy boots and skis. The interior is bright with a cathedral ceiling, new windows letting in plenty of natural light, and a beautiful stone-fronted wood burning fireplace to cozy up in front of. There are two nicely sized bedrooms, one on the first floor and one on the second level, plus a bunk room in the basement. Two decks add even more space to relax, one accessible from the main level, and one from the full, finished walkout lower level, which has stairs leading down directly to the river. The exterior has been painted, and new doors were installed for an efficient, refreshed look. The new furnace and hot water system, plus the updated electric and plumbing systems mean new owners can enjoy this home worry-free for years to come. Less than 5 minutes to Attitash Mountain, Storyland, and the Aquarium, and just 15 to the shopping and restaurants of North Conway Village.
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| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jul 25, 2022 | Listed by Black Bear Realty | $235,000 | |
| Listed by Black Bear Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017