4003 US Route 2 South
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.
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2022 | Listed by Paul Poquette Realty Group LLC | $349,900 | |
| Listed by Paul Poquette Realty Group LLC | |||
| | |||
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Absolutely beautiful piece of property! Three bedroom, two bath home with multiple outbuildings including a huge garage and workshop. This property was formerly home to the Boatsmith. Beyond the house and work area lies 106 acres of natural beauty. A combination of open pastures and woodland and sand beach with 200' Lake Champlain frontage. This property has to be explored to truly appreciate. See non-public remarks.
| |||
| Jan 26, 2022 | Sold | ||
| Sold | |||
| Nov 13, 2020 | Listed by Paul Poquette Realty Group LLC | $424,900 | |
| Listed by Paul Poquette Realty Group LLC | |||
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About Grand Isle
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Last Updated Date: 2022-01-27
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4838981
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017