47 Locust Heights
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 |
|---|---|---|---|
| Jan 11, 2023 | Sold | ||
| Sold | |||
| Dec 30, 2021 | Listed by Deerfield Valley Real Estate | $199,000 | |
| Listed by Deerfield Valley Real Estate | |||
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Quintessential rural Vermont property location surrounded by farmland rich in history. Beautiful country parcel located in a desirable neighborhood yet minutes to skiing, lakes, and shopping. Roughed-in circular driveway, small meadow, beautiful old stonewalls, white birch trees, land that is gently sloping up from the roadway. Rural residential with 5 acre zoning, past soils testing of the property by an engineer had located at least three areas as having development potential for on-site sewer. Offering tremendous opportunities; build near the road or travel higher up onto the land for complete privacy and potential views with clearing. Old hunting camp on-site (tear-down) due not enter - dangerous. Snowmobile access from the property. Bring your house plans, venture out onto the property, select your perfect house site and let your dreams of owning a new home in Vermont become a reality!
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| Aug 14, 2020 | Sold | ||
| Sold | |||
| Apr 30, 2020 | Listed by Skihome Realty | $99,000 | |
| Listed by Skihome Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017