51 Mountain 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 |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Mar 1, 2022 | Listed by Flat Fee Real Estate | $649,900 | |
| Listed by Flat Fee Real Estate | |||
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Welcome to Westford! This amazing home is ready for the next chapter in its wonderful story. When you arrive you are welcomed to the pristine wooded 10.1 acre lot and the lovely home perched high above the large private pond. The land delights with an apple orchard, treehouse, big red barn, trails, blueberry patch, and more. There have been numerous updates over the past few years including Pella windows, new kitchen, updated bathroom, new fixtures, new flooring, and updated paint throughout. You will appreciate the functionality of a quintessential Vermont mudroom and with the spacious open concept floor plan you will have no problem entertaining all of your friends and family. The kitchen has been renovated to include all new appliances including an induction range, shaker white cabinets, open shelving made from Vermont Maple wood, and “rugged concrete” quartz countertops with a farmhouse sink. The first floor has three bedrooms, 1 3/4 bathrooms, plus a laundry room with new appliances. The second floor has an office with skylight, custom built-in shelving, and desk. This leads into the large bonus room with glorious natural light and views and a gas fireplace. The second floor master bedroom boasts french doors, 2 large walk-in closets, a mini split unit, and a full master bath with jetted tub. All this in the sought after Essex Westford School District. Come see this one before it is gone… and make that chapter yours! Showings begin Friday March 4th.
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| May 13, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2019 | Listed by Coldwell Banker Hickok and Boardman | $524,900 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017