716 Everest 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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2023 | Sold | ||
| Sold | |||
| Dec 6, 2022 | Listed by Four Seasons Sotheby's Int'l Realty | $695,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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West facing 2 bedroom 2 bath Lake Champlain home will show you sunsets only a picture can replicate. Clear water on the Inland Sea of Lake Champlain awaits your arrival to swim and boat. 180 degree views to the Champlain Islands. A quick 20 minutes into Burlington this home is setup perfectly for year round or that summer lake home you've always wanted. Walking into this home you will quickly notice the new well planned and very chic kitchen, new wood flooring throughout the main floor and brand new bathrooms. The vaulted ceiling in the great room brings you to the porch overlooking 60 ft of owned direct lake shore, just begging you to come relax after that long grind of a day! The alcove on the first floor is a perfect office Solid internet connection at this location too! The lower level has a finished space for workshop or add an egress window for more light and improved space. The property includes a two car garage across the street and a deep lot behind. The owner has made significant upgrades and improvements including a new well and filtration, new furnace and hot water heater, new exterior doors and more! The Air B&B income on this property is a positive! Everest Road is a quiet enclave of summer & year round neighbors that love Lake Champlain. Work in Burlington since the commute is easy. Hiking at Eagle Mountain is close & terrific biking in the area. Best of all is the west facing lake frontage and easy access stairs to the shale beach! Docks & lift are for sale.
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| Aug 23, 2018 | Sold | ||
| Sold | |||
| Sep 26, 2017 | Listed by Four Seasons Sotheby's Int'l Realty | $419,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017