60 McLane Road #32
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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Listed by Four Seasons Sotheby's Int'l Realty | $1,450,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Discover this beautifully renovated Covered Bridge condominium, ideally situated on a quiet cul-de-sac with southern exposure and glimpses of the Worcester Mountain Range. Thoughtfully reimagined in 2021, this three-bedroom, four-bathroom residence is offered fully furnished and equipped, providing a turnkey opportunity to enjoy all that Stowe has to offer. Spanning three levels, the home offers generous living spaces designed for gathering with family and friends, including an inviting main living area and a spacious lower-level family room. The redesigned kitchen features crisp white cabinetry, quartz countertops, Fisher & Paykel stainless steel appliances, and abundant storage. An additional 100 square feet of living space was incorporated to create a dedicated dining area just off the kitchen, while the mudroom, laundry area, and powder room were also thoughtfully updated. With accommodations for at least ten guests, the flexible floor plan is ideal for hosting extended family or multiple families while maintaining privacy. Two upper-level bedrooms feature their own ensuite bathrooms, while a third bedroom with an ensuite bath is located on the lower level. Outdoor recreation is just steps away, with access to the community's in-ground swimming pool and tennis courts. Stowe Mountain Resort is a mere five-minute drive, while the 5.3-mile Stowe Recreation Path, mountain biking trails, and scenic hiking opportunities are all nearby. Whether you're seeking a year-round mountain retreat or a welcoming getaway for family and friends, this turnkey property puts the best of Stowe right at your doorstep.
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| Sep 29, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Four Seasons Sotheby's Int'l Realty | $1,550,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Here's a listing you won't want to miss...a 2021 renovated Covered Bridge condo on a cul-de-sac with southern exposure and peek-a-boo Worcester mountain range views. This three-bedroom, four bathroom furnished and equipped (middle unit) condo, set over three floors, has ample room for large gatherings with a spacious main living area and a generous lower level family room. The reconfigured kitchen with new white cabinetry, white quartz countertops and Fisher & Paykel stainless steel appliances has no shortage of storage. Plus on the same floor, the sellers added on 100sqft of living space with the creation of a separate dining area off the kitchen, updated the mudroom, laundry area and powder room. As for bedrooms, the home allows for a minimum sleeping capacity of ten people. Two bedrooms with two full bathroom ensuites are on the upper level and the third bedroom and ensuite is on the lower level…lots of privacy for everyone and the floor plan can easily accommodate more than one family. If you enjoy the outdoors, a community inground pool and tennis courts are part of the HOA amenities. In addition, the Stowe ski resort is a short 5min drive and the 5.3 mile bike path, mountain biking and hiking trails are close by …Come and enjoy nature, it is at your doorstep! Condo long term rental this past ski season for $65,000 gross from December 1st - March 31st.
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| Apr 2, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2020 | Listed by Pall Spera Company Realtors-Stowe | $815,000 | |
| Listed by Pall Spera Company Realtors-Stowe | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/06/2024
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4 Bed
|
5 Bath
|
3827 ft²
|
$1,695,000
4 Bed
5 Bath
3827 ft²
|
$1,412,500
-16.67%
12/19/2024
|
Meg Kauffman
LandVest, Inc.
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05/23/2023
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3 Bed
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4 Bath
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3328 ft²
|
$1,550,000
3 Bed
4 Bath
3328 ft²
|
$1,350,000
-12.90%
09/29/2023
|
Caroline Marhefka
Four Seasons Sotheby's Int'l Realty
| |
|
07/14/2020
|
3 Bed
|
4 Bath
|
3328 ft²
|
$815,000
3 Bed
4 Bath
3328 ft²
|
$797,500
-2.15%
04/02/2021
|
Richard Carrick
Pall Spera Company Realtors-Stowe
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017