385 Mountain Estates 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%.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Pall Spera Company Realtors-Morrisville | $499,000 | |
| Listed by Pall Spera Company Realtors-Morrisville | |||
| Aug 25, 2021 | No longer available | - | |
| No longer available | |||
| May 25, 2021 | Listed by BHHS Vermont Realty Group/Morrisville | $529,000 | |
| Listed by BHHS Vermont Realty Group/Morrisville | |||
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Country Living made easy, this 3 bedroom 2 ½ bath beautiful home features a private office, open floor plan with Kitchen, Dining and living room, perfect for gatherings and day to day living. The 2nd level features an open area the owner used as an art studio with its impressive views and open airy feel it will make a perfect family room or possibly your art studio. Other key details are hardwood flooring and an 80 sq ft Mudroom directly off of the 2-car garage, all VT homes need a place for outdoor gear. You will fall in love with the property, it’s an expansive 5.15 acres of land, with mature maples that frame the breathtaking mountain views from the porch and front windows. A brook that boarders the land makes for a lovely afternoon of relaxation or exploring the trails that meander through the surrounding woods. This land was worked by the sellers to become home to this 2 Story newly designed and built home in 2018. Mountain Estates is a private development which features upscale homes extremely close to shops, groceries and the surrounding resorts of Stowe, Smuggs and Jay Peak. Showings will begin on Tuesday June 1st, we look forward to showing you all this at that time. The manager has listed the unit size as 2064 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017