495 Memphremagog View
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 |
|---|---|---|---|
| Nov 1, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by Jim Campbell Real Estate | $699,000 | |
| Listed by Jim Campbell Real Estate | |||
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Custom built contemporary home situated on 3 acres overlooking the South Bay of Lake Memphremagog. The main living area is one level and consists of an open concept kitchen, dining and living room, 3 bedrooms and 2.5 baths. Above the heated 3 bay garage (42'x30') is another finished space, great for an in-law apartment, office, or a second family room. The home features high end finishes throughout to include radiant heated ceramic tile flooring throughout the main level, a luxurious custom kitchen with heated granite countertops, tiled backsplash and stainless appliances. The primary suite features a grand bathroom with a tiled walk-in shower, jacuzzi soaking tub that looks over the gorgeous view and a walk-in closet. The second bedroom also features an en suite complete with a tiled walk-in shower. Outside, be sure to enjoy the large, level lawn space, stamped concrete patio and hot tub. Situated nearly at the end of a dead-end street, yet still within walking distance to downtown Newport, Lake Memphremagog and all town amenities.
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| Jun 10, 2022 | Listed by Jim Campbell Real Estate | $669,000 | |
| Listed by Jim Campbell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017