63 Mountain View Meadows Road
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 |
|---|---|---|---|
| Jul 17, 2024 | Listed by Coldwell Banker Carlson Real Estate | $545,000 | |
| Listed by Coldwell Banker Carlson Real Estate | |||
| Dec 13, 2019 | Sold | ||
| Sold | |||
| Mar 29, 2019 | Listed by Four Seasons Sotheby's Int'l Realty | $470,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Remarkable 29 stall, indoor arena equestrian property, centrally located between Stowe and Morrisville. Operate privately or continue commercially. Gorgeous impeccably groomed, flat, well-drained land with generous paddock and pasture areas. Extensively updated 3 bedroom home for owner or staff. New: stainless appliances, A/C, flooring, and numerous finishes. Deck, gardens, lawns. The quality of this property MUST be experienced first-hand, on-site, from the western side of the pasture and paddock areas. 61' x 210' indoor arena. Barn space continues with stalls, office, full bath, spectator viewing lounge, and tack room. Spectacular mountain vistas. All day sun. Woods sloping to stream and pond. Adjoins golf course. Development potential. Spectacular and unique. Not reproducible at twice the price. If you are a serious rider or interested in operating and/or creating a commercial or private membership equestrian operation . . . with with high exposure, high-traffic and ideal proximity and access. This is it.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017