6915 US Route 2
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 |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jun 20, 2021 | Listed by KW Vermont | $350,000 | |
| Listed by KW Vermont | |||
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72 Hour Home Sale - Inquire Immediately! This lakefront property features 100 feet of frontage on beautiful Lake Champlain, established garden space and easy access to all of Vermont’s greatest amenities; it is your perfect family vacation home or new full-time residence! Enter into the living room with a cozy fireplace at its focal point. Walk around the corner into the bright, airy south-facing sunroom, ideal for starting your day with a warm cup of tea or unwinding with a glass of wine. The eat-in kitchen has plenty of storage for your cooking and baking hobbies. You’ll find one bedroom and a full bath on the main level, with two additional bedrooms and a half-bath on the second floor. There is generous storage space between the basement and 1 car detached garage. With a wrap-around deck and patio/grilling area out back, and beautiful perennial and veggie gardens out front, this home has plenty of outdoor living space, as well! Boating, swimming and fishing on beautiful Lake Champlain are just out your front door. The shale beach provides wide open views of the Green Mountains and surrounding Island area. Enjoy island life with local beer, coffee, ice cream, sandwiches, and a surprising array of restaurants all within a 20 minute drive. An easy commute to Burlington provides access to ample employment opportunities, more great restaurants and shopping, and entertainment. Sellers are looking to travel the world and have priced the home for a quick sale!
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| Jul 14, 2016 | Sold | ||
| Sold | |||
| May 20, 2016 | Listed by KW Vermont | $244,900 | |
| Listed by KW Vermont | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017