397 US Route 2
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 29, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | Listed by Coldwell Banker Islands Realty | $1,350,000 | |
| Listed by Coldwell Banker Islands Realty | |||
| Oct 31, 2013 | Sold | ||
| Sold | |||
| Apr 24, 2013 | Listed by KW Vermont | $795,000 | |
| Listed by KW Vermont | |||
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A world renowned fashion designer teamed with an architect to restore this 1843 brick Greek Revival listed in the VT Historic Registry. The result is a perfect combination of its original beauty coupled with all the best of modern conveniences, creating a truly elegant home. Huge chef's kitchen with marble countertops, Sub-Zero Refrigerator & island with Bertazzoni 6 burner gas stove. Possible two master suites, one in 1st floor wing with fireplace, full bath & French doors to stone patio & lake views. Large guest wing bedroom with full bath. Paneled library. Formal living room with fireplace. Screened porch with standing seam copper roof & door to stone patio & views. New windows, some updated elec & plumbing, wood floors. Bathrooms renovated with soaking tubs & tile floors. Boat house with engineered lake H2O system. Town H2O at road. Common land consists of .90 acres lakefront lot with 345' lake frontage shared with 3 other homes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017