8074 Spear
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | Listed by Coldwell Banker Hickok and Boardman | $724,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by Greentree Real Estate | $590,000 | |
| Listed by Greentree Real Estate | |||
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The possibilities are endless for this colonial farmhouse property in a beautiful country setting, conveniently located in Shelburne. Situated on ten acres with subdivision potential, this property is perfect for hobbyist farmers, horse lovers or someone looking for a property to update to their personal taste. The home features a well designed floor plan with a formal living room, dining room, family room, bathroom and generously sized kitchen on the first floor. The second floor features a primary bedroom with en-suite bathroom, three additional bedrooms, and a full bathroom. Hardwood floors, a stone fireplace, and large windows providing lots of natural light are just some of the many characteristics that make this home so wonderful. The full size walkout basement also has interior access and access into the two car attached garage. The property offers great potential for a variety of farming and homesteading opportunities or could be converted to accommodate horses. The outbuildings include a barn and a large open air structure. The buildings would also make a great workshop or offer plenty of additional storage area. Enjoy this rural setting while only being 20 minutes from Burlington, the airport, hospital and I89.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017