5 Arbor Meadows Road
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 |
|---|---|---|---|
| Jul 2, 2018 | Sold | ||
| Sold | |||
| Apr 4, 2018 | Listed by Four Seasons Sotheby's Int'l Realty | $244,900 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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This home has had a remarkable transformation since the present owner purchased it in 2014. He has turned it from a home that was uninhabitable, in some areas you could walk through walls that weren't there, to a home that you can't wait to get home to after work. Probably the jewel of this home is the modern, eat in kitchen complete with a powered, custom cherry butcher block island. Or perhaps for you it will be the living room that is so cozy and warm in the winter on that snowy day when you have the woodstove going. Upstairs he turned two smaller bedrooms into a very generous, comfortable master bedroom. Included in the improvements are things you don't necessarily initially notice, but which make living in this home so comfortable and they started in the basement including an updated breaker box, a hi efficiency, tankless, mutli-zone boiler plus structural work to make the renovations more lasting. Please check the attachments to get more of a sense of the work done. And then there is the barn which has an incredible opportunity to be utilized or you can just enjoy the ambience it provides this wonderful property. Across the road is an acre of common land with over 900' of Lamoille River frontage for just the owners in this neighborhood to utilize.
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| Aug 29, 2014 | Sold | ||
| Sold | |||
| Apr 9, 2014 | Listed by Four Seasons Sotheby's Int'l Realty | $84,900 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017