888 Wheeler 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Aug 27, 2020 | In contract | - | |
| In contract | |||
| Aug 5, 2020 | Listed | $395,000 | |
| Listed | |||
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144 acres of Splendid Isolation! This homestead provides ultimate privacy in the mountains with abundant natural resources! If you are looking for a mix of old pasture, pristine woodlands, clear-flowing streams / waterfalls, pond, apple trees and established recreation trails, search no further. The 2 bedroom cape offers all the comforts of home including a covered porch and old fashioned cook stove. The detached garage /shop offers a finished room upstairs and tons of potential for more refinished space. Plenty of pasture and outbuildings to support chickens, horses, etc. Established garden space and perennials. Live the dream, totally self-sufficient and off the grid with great solar aspect. Pleasant mountain views & town maintained, year-round class 3 road. Properties like this do not come up for sale very often.
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| May 29, 2020 | Listed by Mad River Valley Real Estate | $395,000 | |
| Listed by Mad River Valley Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017