41 Mount Independance Road
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 6, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Champlain Valley Properties | $550,000 | |
| Listed by Champlain Valley Properties | |||
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This beckoning early 19th century center hall colonial resides at the site of an old grist mill. Located on East Creek where the steady flow of water once turned the stone grinding the grains into meal and flour. Though the mill is no longer there, the sellers enjoy a great view of the free flowing waterfall as it passes by the inviting park like setting. The soothing sound variations of both a peaceful steady trickle and the roar after a rainstorm waft up to the house to further delight your senses. The home has an attractive field stone foundation, approx 8.5 foot ceilings throughout and a classic center hall on both the first and second floors. It envelops all the classic character you would expect, though renovated, much of the original woodwork and moldings remain. The outbuildings are the dream of any hobbyist/small farmer with ample heatable space, work benches, and storage. A good portion of the acreage is fenced with high tensile for animals. The scenery is beautiful, unveiling both pastoral and Adirondack views with lovely sunsets. Just a short drive to Lake Champlain and historic Mount Independence, as well as other nearby smaller lakes. This grace filled property is ready for new owners.
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| Nov 24, 2014 | Sold | ||
| Sold | |||
| Jun 11, 2014 | Listed by Century 21 Bird Real Estate/Bomoseen | $299,000 | |
| Listed by Century 21 Bird Real Estate/Bomoseen | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017