507 Mountain Road
About This Property
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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.
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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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Feb 3, 2022 | Listed by Lowe's Real Estate, LLC | $199,000 | |
| Listed by Lowe's Real Estate, LLC | |||
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Get away to your own CAMP ON 12.3 ACRES!! Situated about less than 2 miles from the Sunbowl at Stratton, Parcel #1 is 7 acres and parcel #2 is 5.3 acres. The camp itself sits on parcel one with 7acres. Very peacefully located just off of The Mountain Road, this location is slightly tucked away so as to not notice the camp. Parcel #2, the other 5.3 acre lot having frontage on both Mountain Road and Forester Road offers another great place to potentially build something in the future. This camp has a drilled well, private septic, whole house generator, propane heat, propane refrigerator with freezer, propane on demand hot water heater and a nice enclosed porch to sit on and enjoy the quiet. Now’s your chance to own this great little getaway!!!
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| Oct 28, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Lowe's Real Estate, LLC | $199,000 | |
| Listed by Lowe's Real Estate, LLC | |||
| Jul 30, 2017 | Listed | $150,000 | |
| Listed | |||
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Are you looking for an affordable getaway to Vermont? Only 2 miles to Stratton Mountain Ski Resort. This is a great opportunity to purchase 12+ acres of land with septic, drilled well, generator and cabin already in place. Use the cabin as a hunting camp or just a getaway to retreat to on the weekends with friends and family. This property offers two abutting lots, parcel one is a total of 7 acres and parcel two is 5.3 acres. Parcel one has the cabin, well, septic and generator. The driveway is easy to pass as it sits hidden quite well. Parcel two is a triangular shaped parcel abutting both The Mountain Road and Forrester Road with a little stream and stonewalls running throughout. Both parcels lend themselves to exploration including an old cellar hole and lots of woods where you can create your own trails. If you’re not fond of camp style living then you have 12+ acres to build on down the road! The manager has listed the unit size as 600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017