18
Map
6 Forest Ridge
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 1, 2021 | Sold | ||
| Sold | |||
| Oct 21, 2020 | Listed by RE/MAX North Professionals, Middlebury | $425,000 | |
| Listed by RE/MAX North Professionals, Middlebury | |||
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Nestled on a wooded lot with ample open space to play, this six bedroom ranch offers one level living at its best with five bedrooms, two bathrooms, kitchen, dining room and a sunken living room on the main floor. A walk out in-law suite with a kitchenette, bedroom, bath and family room are located in the lower level and can be used as a studio or home office. Just outside of East Middlebury, the home is 15 minutes to local skiing and the Vermont National Forest, as well as all the amenities that Middlebury center has to offer. The exterior was painted in 2019, a new roof put on in the summer of 2020, new windows installed in the 1st floor bathrooms and kitchen in 2016. Master bathroom was redone 2016, a Buderus Furnace installed in 2017 and new wainscoting and finishing touches in basement family room in 2016.
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| Oct 25, 2016 | Sold | ||
| Sold | |||
| Jun 8, 2016 | Listed by Champlain Valley Properties | $319,500 | |
| Listed by Champlain Valley Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017