585 VT Route 15
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%.
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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 |
|---|---|---|---|
| Mar 21, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by Coldwell Banker Hickok and Boardman | $399,500 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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This property checks off many boxes when you think of a quintessential 1880 Vermont farmhouse. Nestled on 3 acres, this property is a working farm with open fields for gardening, a barn, antique icehouse, and storage barn. You will note classic antique farmhouse features such as a country kitchen, rustic wide pine floors, old doors, and plaster walls. The dining room has large windows with long views overlooking the beautiful 3 acre meadow. The 1st floor is complete with a spacious living room, bonus room that could function as a study or office, and full bath. A three-season enclosed front porch welcomes the early morning sun and provides a warm and bright space to enjoy your morning coffee and quiet time. On the 2nd floor landing is the cutest little reading nook and two bedrooms with wide plank pine floors. A 354 sf unfinished space on the 2nd floor is ideal for a future primary bedroom suite. The owners have poured their heart and soul into this home since ownership with updates including new septic in 2017. The 20' x 30' barn has electricity and could be used as a workshop. Located in the charming town of Underhill known for its year-round recreation, community events, beautiful foliage, and proximity to Mount Mansfield and Mills Riverside Park.
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| Jun 17, 2016 | Sold | ||
| Sold | |||
| Feb 4, 2016 | Listed by Coldwell Banker Hickok and Boardman | $209,900 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017