Are you looking for panoramic views out to Ragged Mountain, 66
shared acres, over 1000' of waterfront, beaches, nine tennis
courts, bocce, basketball, moorings, day dock and the quietest spot
on crystal clear Newfound Lake? Come and take a look at this 3+
bedroom 3 full bath free-standing condo at Whittemore Shores. This
is without a doubt the friendliest and prettiest neighborhood on
the Lake. And there are drop dead gorgeous views from almost
every room in this open plan home. Check out the totally updated
kitchen from the cabinets to the brand new appliances; a first
floor laundry; master with a private bath, deck and multiple
closets; downstairs find a family room with wet-bar, huge bedroom
with built-in dresser, a full bath and office/playroom/TV room or
whatever you want. This home is within a short drive to Ragged
Mountain, Tenney Mountain, the college town of Plymouth and the
culture and recreation that make the lakes region an amazing place
to live and vacation.
Unit Size
2,271 Ft²
Days on Market
-
Land Size
66.00 acres
Price per sqft
$255
Property Type
House
Property Taxes
$380
HOA Dues
$400
Year Built
1987
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Construction Materials: Wood Frame, Cedar Exterior, Clapboard Exterior, Wood Exterior
Construction Materials: Concrete
Roof: Shingle - Architectural
Exterior Features: Boat Mooring, Day Dock, Deck, Natural Shade
Lot Features: Beach Access, Condo Development, Country Setting, Hilly, Lake Access, Lake Frontage, Lake View, Landscaped, Mountain View, Recreational, Trail/Near Trail, Water View
Location: From the south take exit 23 off Rt 93. Turn left and drive 6 miles into downtown Bristol on Rt 104. Bear right at the light onto Rt 3A and follow for 4.4 miles. Turn left onto Whittemore Point Rd S. Go 1 mile to left into Whittemore Shores. Take second right onto Algonquin Path. House is at the end
Water Body Restrictions: No
Water Body Access: Yes
Water View: Yes
Zoning Information: GR
HOA Details
Association Fee Includes: Landscaping, Plowing, Recreation, Sewer, Water, Condo Association Fee
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