553 Birches 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 |
|---|---|---|---|
| Mar 16, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Listed | $789,000 | |
| Listed | |||
| | |||
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A rare offering in the midst of the White Mountains. 4.72+- acres of level, open meadow enhanced with coveted and iconic mountain VIEWS. Mt Lafayette, Franconia Notch and Cannon Mt are front and center! BONUS: you have a view of the Presidential Range too. Truly a setting where you can make your dreams come true. Modified and Updated Cape style home sits at the back of the field with ample glass to enjoy the sun rising over the mountain range. Enjoy the abundant natural light in the living and dining areas. Hardwood floors and woodstove enhance that feeling of 'Home'. Primary suite on first level. Kitchen remodel, updated baths with newly painted interior and multiple sets of washer/ dryers make for easy living. Upstairs find dormers that capture the view from the bedrooms and flex space. Current owner has updated and added value to the entire property: installed functional fencing in the fields with electricity, water and propane run to a 'future site' for your barn/ tiny house or?? Additionally, find a detached 2 car garage with newly (and completely renovated) heated space above; plus two 12X16 sheds -- one of the sheds even has a mini-split for heating/ cooling. High speed wifi. Easy access to I-93, Franconia Village and White Mt National Forest -- Cannon Mt and Echo Lake. Come and enjoy all the North Country has to offer.
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| Jul 12, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by EXP Realty | $579,900 | |
| Listed by EXP Realty | |||
| Jul 2, 2021 | Listed by EXP Realty | $475,000 | |
| Listed by EXP Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017