811 Summit 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%.
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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 |
|---|---|---|---|
| Dec 12, 2019 | Sold | ||
| Sold | |||
| Oct 14, 2019 | Listed by Four Seasons Sotheby's Int'l Realty | $229,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Jan 12, 2019 | No longer available | - | |
| No longer available | |||
| Jan 9, 2019 | Listed by Remax Summit | $225,000 | |
| Listed by Remax Summit | |||
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This lovely custom built home is situated ideally on 5.68 private acres. This perfect slice of Vermont could be your year round home or weekend getaway. Inside you will appreciate a main level with an open floor plan that combines the kitchen, a living room with wood stove and dining room. All three rooms open directly onto the large private deck at the back which creates outdoor living space to entertain. Also on this main level is the master bedroom and a cozy den with propane fireplace. You will be delighted as you access the "tower bedroom" which has nearly 360 degree views of the property, and access to two unique loft-style reading nooks that over look the main level. It is elements like these that make this home so unique. On the lower level you have an additional bedroom, a bathroom, a laundry room and an enormous family room. The walkout basement makes it convenient to enjoy the outside. This home also has a large manicured lawn and a fully functioning horse barn with a fenced in paddock. So whether you want to tend to the animals, relax on the deck, enjoy the hot tub or just explore the expansive wooded area that surrounds this home you will definitely find serenity at the end of a busy day. All of this located within 10 minutes of Okemo Mountain and downtown Ludlow. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017