451 Appletree Point 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 |
|---|---|---|---|
| Mar 3, 2023 | Sold | ||
| Sold | |||
| May 30, 2022 | Listed by RE/MAX North Professionals - Burlington | $1,190,000 | |
| Listed by RE/MAX North Professionals - Burlington | |||
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Gorgeous Burlington waterfront home nestled in the sought after enclave of Appletree Point. This 3bdrm/4bthrm home complete with an Accessory Dwelling Unit offers 165' of prime Lake Champlain frontage and absolutely stunning views of the lake, Camel's Hump and Mt. Mansfield. Lovely open floorplan on the the main floor is focused toward the water and expansive patio with a well proportioned living room and a terrific kitchen with gleaming quartz countertops and hickory floors throughout. The main section of the house offers 2 bedrooms on the second floor including a Primary bedroom with an en suite bathroom and another full bathroom. The top floor offers a great den/office/flex space and an amazing rooftop deck for taking in the lake view and sunrises. Complete Accessory Dwelling Unit offers 1bdrm, great living space, full kitchen and full bath. Outside you'll find an incredible fenced in yard with an oversize patio perfect for entertaining. A stone staircase leads down to your own private waterfront and all Lake Champlain has to offer. Recently built in 2019, this house offers quality construction, cement board siding, Anderson windows, many architectural qualities throughout. A full basement and attached garage offer storage and convenience. Take a look today!
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| Apr 7, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Omega Real Estate Associates, Inc | $1,350,000 | |
| Listed by Omega Real Estate Associates, Inc | |||
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Secluded Burlington Lake front home with accessory apartment near the very end of Appletree Point. Built in 2019 with lots of beautiful finishes including hickory wood floors throughout, both kitchens have solid wood cabinets as well as quartz counter tops, views of the lake from nearly every room, Anderson windows, cement board siding with shake details and a lovely rooftop deck with spectacular views of Mount Mansfield and Camels Hump! Also, this home has a whole house, activated charcoal, water filter to filter the chloramine from the City water. Come see this property today! Owner is a licensed Real Estate Broker in VT.
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| Nov 18, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017