81 Jerusalem Place
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 |
|---|---|---|---|
| Mar 15, 2022 | Sold | ||
| Sold | |||
| Jan 12, 2022 | Listed by Coldwell Banker Islands Realty | $449,900 | |
| Listed by Coldwell Banker Islands Realty | |||
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You are going to want to check out this updated North Hero Island Post and Beam Farmhouse renovated in 2021. It's filled with cool places to hang out both indoors and out. The house is set back from the road on an acre and a 1/2 lot and is framed by perennial flower beds and mature trees with a huge wrap-around deck and covered porch to enjoy the Island breezes. The interior of the home is warm and rustic with exposed beams in the living room which includes a fieldstone chimney with a Jotul gas stove to keep you warm throughout the year. The eat-in kitchen has been updated with new stainless steel appliances, quartz counter tops, and hickory cabinets and is filled with beams of natural light through transom windows. The 2nd floor features 2 bedrooms with vaulted ceilings, pine and bamboo floors, and both offer private freshly renovated ensuite bathrooms. A 20 x 11 ft 3 season room with seasonal lake views overlooks the above ground pool and provides more room to relax. There are 2 additional 1st floor rooms which can be used as an office or as another guest room. The detached 1 1/2 car garage with unfinished 2nd floor loft can serve as a workshop, storage or be finished to your liking. Garage includes covered storage on 2 sides of the structure, for cars, boats, tractors, and assorted gear. The deck, office and exercise room were added in 2019. This location is just 3 miles from North Hero Village and 4 different boat launches to start your Summer adventures.
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| Nov 20, 2020 | Sold | ||
| Sold | |||
| Sep 16, 2020 | Listed by Coldwell Banker Islands Realty | $299,900 | |
| Listed by Coldwell Banker Islands Realty | |||
| | |||
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You are going to want to make an appointment to visit this updated and renovated North Hero Island Post and Beam Farmhouse. It's filled with cool places to hang out both indoors and out. The house is set back from the road on and acre and a 1/2 lot and is framed by perennial flower beds and mature trees with a huge wrap-around deck and covered porch to enjoy the Island breezes. The interior of the home is warm and rustic with exposed beams in the living room which includes a fieldstone fireplace with a wood stove insert, to keep you warm on cool Autumn evenings. The eat-in kitchen has been updated with stainless steel appliances and hickory cabinets and is filled beams of natural light through transom windows. The 2nd floor features 2 bedrooms with vaulted ceilings, pine floors, and both offer private ensuite bathrooms. A 20 x 11 ft Three season room with Ceiling fan provides more room to relax on the East side of the home. There are 2 additional 1st floor rooms which can be used as office or possibly as another bedroom. The detached 1 1/2 car garage with 2nd floor storage can serve as a work shop or a spot for your rig in the Winter and includes covered storage on 3 sides of the structure, for boats, tractors, and assorted gear. This location is just a couple miles from North Hero Village and 4 different boat launches to start your Summer adventures.
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| Mar 18, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017