84 Richards Drive
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.
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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 |
|---|---|---|---|
| May 8, 2023 | Sold | ||
| Sold | |||
| Feb 20, 2023 | Listed by Century 21 Farm & Forest | $179,900 | |
| Listed by Century 21 Farm & Forest | |||
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The last house on a dead-end road, this Newport City cape provides privacy while being just minutes away from all of the amenities downtown, as well as Newport Country Club, Lake Memphremagog, Gardner Memorial Park, Pomerleau Park, and the recreation path. You’ll appreciate the large mudroom entry as there’s plenty of room for coats, shoes, and boots, as well as bikes and toys. With windows along 2 walls, the living room is nice and bright, and there’s a door directly out to the deck. The L-shaped kitchen features mostly stainless appliances and a center island with seating. A trio of windows in the dining nook overlook the backyard, and also open to the kitchen is a cozy seating area with gas fireplace. A 3/4 bath completes this level. Wide pine board floors flow through the upstairs, where you’ll find 2 average size bedrooms and the spacious primary bedroom with vaulted ceiling, exposed wood beams and double closets. There’s also a full bath and additional closet space in the hallway. If you’re looking for a home with character, this could be the one.
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| Jan 14, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Century 21 Farm & Forest | $162,000 | |
| Listed by Century 21 Farm & Forest | |||
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Great 3 bedroom, 2 bath home in Newport City located at the end of a dead-end road. Entering the home there is a mud room/entryway that leads into the large open living area. Also on the first floor is your kitchen with dining area, a cozy spot to nestle by the fireplace, and a 3/4 bath. Upstairs are the 3 bedrooms and a full bath. Large main bedroom does have two closets with additional closet space in the hallway. Enjoy relaxing outside on the deck in the rain or shine as part of the deck is covered. This property is located an easy distance to main street and city amenities, Newport Country Club, Lake Memphremagog, the city park and more. Travel is easy also with Interstate 91 just a mile away.
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| Dec 20, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017