51
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72 Main
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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Price Decreased |
$830,000
↓ $30K
(3.5%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by The Real Estate Company of Vermont, LLC | $860,000 | |
| Listed by The Real Estate Company of Vermont, LLC | |||
| Jul 27, 2018 | Sold | ||
| Sold | |||
| Mar 21, 2017 | Listed by Four Seasons Sotheby's Int'l Realty | $350,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
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Historic Italianate residence is one of several grand houses on Main Street that together form an imposing complex of Victorian architecture. These buildings provide an exciting visual contrast to the fine Federal and Greek revival style structures that are located in other parts of Vergennes. Built in 1879, this property boasts many original architectural elements: five crystal chandeliers, preserved tin ceilings, refinished floors, exquisite molding and floor to ceiling windows. Large covered porch gives a superb view of the Memorial Day parade. Moments away from the downtown park, businesses and Otter Creek recreation. This property is zoned business/ residential. It could be perfect for B&B, professional offices or convert to 2 townhouse units. The owners occupy the first floor. The Second floor features large sun filled rooms which have been used for office rentals with a Main Street entrance. The spacious post and beam attic space is waiting to be converted to living space. Also included is a 3000 sq ft carriage barn all sited on one acre on Main Street. Motivated Seller says bring offers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017