42 Emerson 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 |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Jul 18, 2022 | Listed by Preferred Properties | $99,000 | |
| Listed by Preferred Properties | |||
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Enjoy all the serenity this get-away cabin on 10.5 +/- acres has to offer in the no-zoning town of Topsham, VT! Tucked away in the woodland, this spectacular retreat is located off the town plowed and maintained road, which provides year-round access for all types of recreational fun. The lean-to style, rustic cabin includes two bedrooms, a bathroom area, a kitchen space, and a living room, compete with a charming wood stove. Floor to ceiling windows adjacent to the main entrance provide excellent natural light and wonderful views of your private woodland. Formal power, DSL internet, baseboard electric heat, tracked lighting, and a direct vent propane space heater offer a few creature comforts. Additionally, the kitchen is plumbed for a propane cooking unit. The surrounding hardwood forestland has a gentle slope, many signs of wildlife, and offers great spacing – making it easy to go for a nature walk. Boundaries are well marked with pins, orange flagging, blue blazes. The VAST snowmobile corridor 5 is easily accessible on sections of Emerson Road. Currently, there is no formal water source or wastewater system; however, Vermont Primitive Camp rules could apply, and the year-round permitting process would apply. Offering great proximity to Interstate 91, US-302, and Groton State Forest, hunters, recreationalists, and snowmobilers should not pass this one up!
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| Oct 25, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2021 | Listed by Martha E. Diebold Real Estate | $77,500 | |
| Listed by Martha E. Diebold Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017