915 VT Rte 114, Norton 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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Apr 9, 2023 | Listed by Century 21 Farm & Forest/Burke | $275,000 | |
| Listed by Century 21 Farm & Forest/Burke | |||
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This property has undergone a complete and total transformation, and you can be the one to take advantage. Set on 10.2 acres with a nice open lawn surrounded by trees and frontage on the Pherrins River, this is the perfect Northeast Kingdom getaway. The current owner has created a warm, welcoming space where you will spend countless hours planning and talking about your NEK adventures with family and friends. The former 600-square-foot cabin was relocated onto a full walkout, cement foundation that consists of a 2-car garage plus 640 square feet of open living space with room for a bed, dining or desk area, numerous seating areas, and a half-bath. Up the stairs there’s more than 1,300 square feet of space with an open kitchen, dining, and living area, oversized bedroom, full bath, office/den, and laundry room. A covered porch is the perfect spot for morning coffee, evening drinks, and barbecues. From here, you’re only 4 miles from Brighton, home of Island Pond, Brighton State Park, Spectacle Pond, and Bluff Mountain. A 20 or 25-minute drive in the other direction takes you to Seymour Lake and then the Derby/Newport area with a variety of shopping, dining, and entertainment options. Your search for the perfect getaway ends here!
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| Mar 29, 2013 | Sold | ||
| Sold | |||
| Jan 28, 2013 | Listed by Century 21 Farm & Forest/Burke | $69,900 | |
| Listed by Century 21 Farm & Forest/Burke | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017