782 Whittier 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%.
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 |
|---|---|---|---|
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Century 21 Farm & Forest | $319,900 | |
| Listed by Century 21 Farm & Forest | |||
| Jan 26, 2020 | No longer available | - | |
| No longer available | |||
| Jul 25, 2019 | Listed | $350,000 | |
| Listed | |||
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The income possibilities for this Derby property are endless. Most recently, home to one of the Northeast Kingdom's premier horse boarding/training facilities. 10+ acres with an easterly view provide morning sunrises, and privacy like no other. The 2 barns have a combined 12 stalls, 2 heated tack rooms, hay, sawdust and tractor storage, and a washroom with laundry. The 130'x65' indoor riding arena allows for continuous year-round riding and training. Also enjoy the use of the 185'x100' outdoor training arena. This property has also been home to a booming dog boarding facility. The hiking trails through the woods provide a free-range playground, and a huge fenced in dog pen large enough for a dozen dogs or more. The indoor arena could be used for storage for RV's, boats, cars etc.... Need another source of income from the property? How about the attached 1-bedroom apartment? Currently generating $850 a month. The home features 3 bedrooms, 2 full baths, an open kitchen/dining area with a drop-down living room. Hardwood and laminate flooring. A majority of the windows have been replaced with lifetime warranty vinyl windows. Underneath is a 2-car garage and an unfinished basement. The home has three heating sources, primarily the outdoor wood boiler, an oil fired boiler and a wood stove in the living room. Enjoy summer nights on the newly constructed deck taking in the long range mountain views. 5 Minutes to I91 and Canada. Bring your ideas, the income possibilitie The manager has listed the unit size as 2238 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017