608 Long Branch Circle
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 |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | Listed by BHHS Vermont Realty Group/Morrisville-Stowe | $625,000 | |
| Listed by BHHS Vermont Realty Group/Morrisville-Stowe | |||
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Welcome home to this beautiful, spacious contemporary in a prime Morristown location! This lovely contemporary on 2.54+/- ac. is nestled amongst a background of lush trees, but don't fret: The southern exposure allows for abundant sunshine to flood the home. The open, easy-flowing floor plan is perfect for entertaining. The fireplace, a central feature in the home, invites warm, cozy relaxation, especially on those cold VT winter nights. Thoughtful touches such as granite countertops and newer light fixtures beautifully accent the space. With a primary en suite w/ walk-in closet, laundry on the main level, as well as a walk-in pantry, it seems that every detail has been prudently considered. Two bedrooms, a full bath, and another living space on the second floor means there is plenty of room for everyone. With a covered front porch, a back deck, and plenty of garden space, outdoor living is easily attained. Imagine hot coffee on the front porch to begin your morning, and a cocktail on the deck to end the evening. The dirt road loop right outside your door is a wonderful place to walk, with low traffic and a sense of privacy. The 2-car attached garage and garden shed ensure plenty of storage space. Close to Morristown and Stowe, you will love having convenient access to restaurants, shoppes, recreation trails, and skiing within a short driving distance. A bright, vibrant house on over two acres in a desirable location: Sounds like the perfect place to call home!
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| Apr 26, 2018 | Sold | ||
| Sold | |||
| Feb 8, 2018 | Listed by Century 21 Martin & Associates Real Estate | $350,000 | |
| Listed by Century 21 Martin & Associates Real Estate | |||
| Sep 6, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017