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51 Monroe
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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 |
|---|---|---|---|
| Aug 28, 2026 | Listed by Coldwell Banker Hickok and Boardman | $684,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Coldwell Banker Hickok and Boardman | $585,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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Built in 1902, this home still has much of its turn of the century character. Upon entering you can’t miss the recently refinished dueling staircase that brings the front and back of the home together. The cozy kitchen features butcher block countertops, farmhouse sink, and spacious walk-in pantry. Dining room with access to convenient built-ins and pass-through to the pantry. The first floor has an open flow convenient for entertaining, half bath, and hardwood floors throughout. The quaint front sitting porch is a great spot to sip your morning coffee while visiting with neighbors, or head out back to the 3-season porch for more privacy. A wrap-around deck and mature trees create a sweet oasis despite being in bustling downtown Burlington. Sellers replaced the furnace 4 years ago and the dishwasher is brand new. Basement has storage shelves, washer/dryer, and workbench. Stairwell to basement has a side door out to the side yard with hidden storage space for trash/recycling bins. Located just a few blocks from the Church Street Marketplace, Bike Path, and all the Lake Champlain waterfront has to offer. Boaters can choose from Perkins Pier, Ferry Dock Marina, or Burlington Harbor Marina. Just 2 hours to Montreal, Canada, 1 hour to Stowe Mountain Resort, or 3.5 hours to Boston. Showings begin Saturday 6/25.
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| Dec 29, 2014 | Sold | ||
| Sold | |||
| Oct 8, 2014 | Listed by Coldwell Banker Hickok and Boardman | $358,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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This charming Burlington Vintage style home dates back to 1902. It features fabulous Architectural details and character found only in older homes to include a fabulous split staircase, stained glass and nice crisp lines. Located on a beautiful tree-lined street just two blocks from the top of Church Street, Fifty-One Monroe features four bedrooms, an abundance of sunlight throughout, attractive hardwood floors, a formal dining room, a gracious living room, spacious and bright kitchen with island, a huge pantry and rear two-season room. The exterior features of this solid brick home include the terrific covered front porch, slate roof, a large back deck overlooking the ample fenced-in back yard complete with established perennial gardens. The property is situated on a fabulous city lot with off-street parking! Just imagine walking to the colleges, the lake, the market place, shopping, theaters and all of the amenities of Downtown Burlington from the convenience of your own home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017