47 Crescent Terrace
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 |
|---|---|---|---|
| Dec 11, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Flat Fee Real Estate | $775,000 | |
| Listed by Flat Fee Real Estate | |||
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This exquisitely renovated turn-key home situated in a cul-de-sac of desirable Hill Section of Burlington has numerous updates and features that make it a very rare opportunity. Upon entering you're greeted by the beautiful new staircase, formal dining room and living room with gas fireplace on either side. The kitchen boasts granite countertops, custom cabinets and stainless steel appliances overlooking the cozy family room, wood burning fireplace and new French doors showcasing the newly refinished hardwood flooring and exposed beams. A panoramic view overlooks the professionally landscaped backyard and recent privacy fence providing a natural oasis in the middle of Burlington. Through the kitchen, the renovated 1/2 bath and mud room leading to the newly insulated two car garage and sealed flooring. Upstairs you’ll love the large master bed and remodeled en suite bath, walk-in tiled shower and huge walk-in closet. Spacious guest beds with new hardwood flooring, closet systems and the renovated guest full bath. The amazing lower level has a workout space, newly remodeled wine cellar or relax in the custom built tiled sauna. Other improvements include new seamless gutters, custom shelving, recessed lighting and paint throughout. Easy walk or bike ride to UVM Medical Center and Lake Champlain. Again, a rare find and a must see!
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| Oct 31, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by Coldwell Banker Hickok and Boardman | $625,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017