394 Route 2
About This Property
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Oct 11, 2022 | Listed by Coldwell Banker Islands Realty | $349,000 | |
| Listed by Coldwell Banker Islands Realty | |||
| | |||
|
Warm and inviting year-round home in a great South Hero location with seasonal lake frontage. Enjoy great fishing, canoeing or kayaking, and ice skating in the winter. Set on 0.56 private acres, this 2 bedroom, 2.5 bath home features an open first floor with oak floors, a cozy wood stove, and a kitchen with stainless steel appliances, granite counters and maple cabinets. Three sliding doors line the east wall bringing in the morning sunshine. The sliders lead out to the large back deck that looks out to the private backyard that is surrounded by trees. Upstairs is the primary bedroom with vaulted ceilings, a balcony and an ensuite with a double vanity and soaking tub. There is another bedroom with 2 closets and a full bathroom. Need a home office or work out room? The finished basement provides extra space to fit your needs. Outside are established flower gardens, raised beds, and a cedar privacy hedge. The property has 100ft located on a creek that connects to Lake Champlain's Keeler Bay. Conveniently located near the Keeler Bay Marina, stores and restaurants. The shed provides storage for outdoor equipment and toys. Great location close to the South Hero village and I-89.
| |||
| May 19, 2017 | Sold | ||
| Sold | |||
| Feb 22, 2017 | Listed by KW Vermont | $257,000 | |
| Listed by KW Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017