4579 Lower Newton Rd
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%.
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 29, 2023 | Sold | ||
| Sold | |||
| Nov 16, 2023 | No longer available | - | |
| No longer available | |||
| Nov 3, 2023 | Listed by EXP Realty | $800,000 | |
| Listed by EXP Realty | |||
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Introducing 4579 Lower Newton Road! Nestled in the heart of St. Albans Town, this picturesque property offers the perfect blend of rural serenity and modern convenience. With 3 bedrooms and 2 bathrooms, situated on an expansive 10-acre level parcel, this home is a haven for those seeking space, comfort, and versatility. This property boasts not one, but two garages! A spacious 2-car attached garage provides ample space for your vehicles and storage needs. Additionally, there's a separate 2-car detached garage, perfect for your hobbies, workshop, or extra storage space. But the true gem of this property lies in its detached apartments. Well maintained and thoughtfully designed, these living spaces offer fantastic revenue potential. Whether you're looking for a supplementary income stream or a place to host guests, these apartments are versatile and ready for use. Inside the main house, you'll find a meticulously maintained interior that exudes warmth and charm. The living spaces are cozy yet spacious, perfect for relaxation or entertaining. Natural light streams in through large windows, casting a warm glow on the well-appointed kitchen and inviting living areas. This is more than just a home; it's a lifestyle. Whether you're a nature lover, a savvy investor, or a homeowner with a vision, 4579 Lower Newton Road offers it all. Don't miss this rare opportunity to make this Vermont dream property yours. Contact us today and schedule your viewing!
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| Jun 20, 2016 | Sold | ||
| Sold | |||
| Mar 23, 2016 | Listed by KW Vermont/St. Albans | $289,900 | |
| Listed by KW Vermont/St. Albans | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017