4012 Monkton Road
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 5, 2023 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by KW Vermont | $319,000 | |
| Listed by KW Vermont | |||
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Just In Time For Spring - Hurry This Rare Opportunity Will Not Last! This farmhouse awaits it's next steward to lovingly improve & repair as part of long term farmhouse ownership, this results in a unique opportunity to get so much SQFT at this price point, and with the benefit of still being move in ready. Freshly painted throughout this large home should appeal to all intending buyers. Spaces on the 1st floor include large living room, eat-in kitchen, & 3/4 bath. A real bonus of the 1st floor is to the rear of the house where you will find another 3/4 bath, kitchenette, bonus rooms & it's own entrance, making an ideal space for visiting family, older kids, or a work from home situation. Upstairs find 3 bedrooms, shared 1/2 bath, the primary bedroom has it's own large updated bathroom, finally you will find 2nd floor access to a large 500SQFT unfinished attic ideal for storage or future potential to finish to make even more living space! Other benefits include bamboo flooring, vinyl windows, new kitchen stove, microwave & dishwasher. Outside enjoy relaxing on the deck or gardening on your spacious 2 acre lot. The location itself is hard to beat with long range views of mountains, where you can enjoy beautiful sunrises & sunsets, yet only a short drive to every conceivable amenity. 10 minutes to Vergennes, 20 minutes to Middlebury, & only 35 minutes to Burlington.
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| Jan 21, 2021 | Sold | ||
| Sold | |||
| Nov 11, 2020 | Listed by BHHS Vermont Realty Group/Vergennes | $290,000 | |
| Listed by BHHS Vermont Realty Group/Vergennes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017