4047 VT Route 242
About This Property
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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 |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Jim Campbell Real Estate @ Jay | $165,000 | |
| Listed by Jim Campbell Real Estate @ Jay | |||
| May 28, 2023 | No longer available | - | |
| No longer available | |||
| Feb 27, 2023 | Listed by Big Bear Real Estate | $295,000 | |
| Listed by Big Bear Real Estate | |||
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Are you looking for the perfect Northeast Kingdom building lot, great for recreational, hunting use, and investment? This building lot is less than a half mile from the Tramside entrance, about a half mile to the Stateside entrance, and about .1 miles from the Athletic Field entrance of Jay Peak Resort- home of world-class skiing, a championship golf course, and the largest indoor waterpark in the Northeast. Ice skating rink, skiing, golf, fishing in one of the nearby rivers, hiking the famous Long Trail, mountain biking, cross-country skiing, VAST snowmobile access, and wildlife galore. Two minutes to the local country store and restaurant. This lot offers great views, a peaceful lifestyle, access to public sewer, and so much more. Investment opportunities are endless being so close to the mountain and local amenities. The beauty of living in the NEK is unmatched. Come and have a look before this opportunity is gone!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017