7661 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%.
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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.
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 |
|---|---|---|---|
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Coldwell Banker Islands Realty | $479,000 | |
| Listed by Coldwell Banker Islands Realty | |||
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Well maintained Champlain Island farmhouse located on 17.02 acres with expansive views of Lake Champlain. The 2736 sqft farmhouse includes 4 bedrooms, 3 baths (2 full, 1 half) as well as an attached accessory dwelling unit with 2 bedrooms and 1 full bath. The main residence features wood and tile flooring, natural light, natural woodwork and lake views from almost every room. The kitchen was renovated in 2020 with new cabinets, appliances, farmhouse sink and quartz countertops. The large island has room for everyone. Upstairs you will find 4 bedrooms with large closets and 2 full bathrooms. Enjoy evenings out on the stone patio that offers west views of Lake Champlain with breathtaking sunsets. Additionally there is a barn, shed, and garden space. The fully equipped accessory dwelling unit offers a unique opportunity to create extra income or be used as an in-law apartment. Come see what this North Hero property has to offer!
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| Feb 2, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2017 | Listed by Preferred Properties | $297,500 | |
| Listed by Preferred Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017