39 Tranquil Brook 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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2022 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by Williamson Group Sothebys Intl. Realty | $1,949,000 | |
| Listed by Williamson Group Sothebys Intl. Realty | |||
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Minutes to Ivy League Dartmouth College, downtown Hanover, twelve minutes to DHMC and close to the vibrant and picturesque village of Lyme, Tranquil Brook Farm organizes on 43.35 acres of open land, fenced pasture, and mixed forest. Constructed in 2010 by an owner looking for spaces with volume and, above all else, natural light, the resulting 14 room home offers a place for everyone and everything – from the inviting farmer’s porch to the purposeful gathering space of the open kitchen and Great Room with its dramatic two-story ceiling and woodburning fireplace. Soaring walls of glass bring in the local and pastoral views. Generous room proportions, hardwood, and tile floors, two story cathedral ceilings in the living and dining rooms, wood burning fireplace in the living room, a propane fireplace in the dining room, a sunny breakfast nook, granite counters and stainless appliances. A one-bedroom apartment over the heated 3-car attached garage provides flexibility with a separate and private entrance. The 7,200 SF indoor riding arena with an attached six stall barn includes a heated viewing room, a heated tack room with a half bathroom and washing machine, feed room and storage for 1000+ bales and acres of fenced turnout and open pasture. Ideally located twelve minutes from the Dartmouth Hitchcock Medical Center and ten minutes from downtown Hanover, two hours from Boston, four hours from NYC, and three hours from Montreal. A perfect location to call your country home.
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| Dec 17, 2020 | Sold | ||
| Sold | |||
| Feb 28, 2020 | Listed by Coldwell Banker LIFESTYLES - Hanover | $1,750,000 | |
| Listed by Coldwell Banker LIFESTYLES - Hanover | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017