38 Logan Drive
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%.
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 |
|---|---|---|---|
| Aug 23, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by KW Vermont | $515,000 | |
| Listed by KW Vermont | |||
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Enjoy easy, efficient living in this well-kept and upgraded 3-bedroom, 2.5 bathroom-home of over 2,300 square feet in a convenient Colchester location, close to local amenities. Featuring central AC, an irrigation system for the lawn and perennial gardens, large Trex composite porch and back deck for low maintenance outdoor living, and a partially fenced-in yard, enjoy the comfort of the inside of the home as much as the large private lot. Entertain in the light-filled gourmet kitchen with new quartz countertops, Bosch gas range and fridge, and walk-in pantry, which opens up to a large living area with a gas fireplace. The laundry room was just remodeled with new cabinets for ample storage, butcher block countertop, and GE front-loader set. Every space in the home is maximized for efficiency with large storage spaces, a bonus room in the partially finished basement with a home office, oversized two-car garage with shelving, and three spacious bedrooms upstairs, including a primary suite with a tray ceiling, en suite bathroom and expansive walk-in closet. Head outside to discover old growth trees, lush gardens, raised beds for gardening, and a combination tool shed and greenhouse. Use the expansive side yard for lawn games or more gardening. With just the right amount of space, quality finishes and new appliances, and the convenient location close to Essex, Colchester Village, Lake Champlain, and more, this home is truly move-in ready. Seller is a licensed Realtor.
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| Aug 4, 2017 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Coldwell Banker Hickok and Boardman | $374,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017