556 VT Rte 100 Highway
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 |
|---|---|---|---|
| Aug 18, 2023 | Listed | $750,000 | |
| Listed | |||
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This picturesque farmland, featuring frontage along the Missisquoi River, has a rich history transitioning from a dairy farm to a beef operation. Spanning 372 acres within the Vermont Land Trust, the property encompasses a well-maintained 3-bedroom Ranch house and a 40x160' Gambrel barn that has been repurposed for beef farming but offers versatility for various agricultural activities. The land is equipped with extensive high-tension fencing, though some sections require repair, and multiple watering stations. Additional structures include a detached garage and a machinery shed. The property holds promise for a sugarbush, as a forester previously projected 7,000 taps over a 5-7-year timeframe. Benefiting from its Lowell location, the property enjoys low taxes, further supplemented by wind project credits. Moreover, it is enrolled in Vermont Current Use, providing tax reductions.
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| Jan 28, 2019 | Sold | ||
| Sold | |||
| Jul 26, 2011 | Listed by Century 21 Farm & Forest | $650,000 | |
| Listed by Century 21 Farm & Forest | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017