39&49 Lafoe Gray Beach Drive
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 |
|---|---|---|---|
| May 22, 2020 | Sold | ||
| Sold | |||
| Jan 28, 2018 | Listed by Conley Country Real Estate & Insurance | $450,000 | |
| Listed by Conley Country Real Estate & Insurance | |||
| Jul 30, 2017 | Listed | $499,000 | |
| Listed | |||
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Two houses with a total of 6 bedrooms/4 baths with 125’ of private sandy beach on pristine Seymour Lake. The main house is comprised of 4 bed/2baths. Upstairs you will find the spacious 18’x21 master bedroom, 1 newly renovated full bath, guest and lake bedroom with deck with stunning view of the lake and surrounding mountains. The 1,200sq’ guest house built in 2010 features 2 bed/1den/2bath, upstairs/downstairs decks with lake views. Looking for income? Both year-round houses are rented in from Memorial day through the fall with an average rental of $1,500 per week. New metal roof, new septic system in 2010. Bring your family and friends to Vermont to enjoy water activities, skiing in Burke or Jay Peak, snowmobiling with VAST trail access nearby and a 15-minute drive to Canada. For more information and showings, contact listing agent Micheline Cote of Century 21 Farm & Forest at 802 274 7172 or [email protected] The manager has listed the unit size as 1720 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017