912 Lake 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 |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Nancy Jenkins Real Estate | $380,000 | |
| Listed by Nancy Jenkins Real Estate | |||
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Hidden gem in Charlotte! This beautiful, one-of-a-kind 11-acre parcel, with westerly seasonal views of the Adirondacks and easy access to Lake Champlain, offers an amazing opportunity to build your dream home in a location that’s hard to beat. Unlike most lots, this one is “builder-ready,” saving on time and hassle. The state-of-the-art septic system and mound are already installed, and the driveway is in and ready to finish after your home is built. The building envelope, set well back from Lake Road, provides a feeling of tranquil privacy, and the peaceful wooded setting offers both natural beauty and recreational opportunities. Just outside your door, you'll enjoy the serenity of the woods, a natural pond, and walking (or skiing) the trails on your own property. Your home will be ideally located, less than half a mile to Charlotte Town Beach with its picnic area, tennis courts, and playground. Shelburne Village and the Charlotte Ferry to New York are each only a 10-minute drive; Mt. Philo State Park is 15 minutes away; and 25 minutes will bring you to downtown Burlington, the University of Vermont Medical Center, and BTV Airport.
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| Nov 16, 2020 | Sold | ||
| Sold | |||
| Sep 21, 2020 | Listed by Four Seasons Sotheby's Int'l Realty | $279,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017