97 North 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.
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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 |
|---|---|---|---|
| Apr 9, 2025 | Listed | $697,500 | |
| Listed | |||
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Stunning updated chalet in the Chimney Hill community just outside the village of Wilmington, and a short drive to both the Mount Snow ski resort and Lake Whitingham. This home has been completely gutted and renovated including all new insulation, windows, roof, siding, on demand hot water, minisplit ac, landscaping, and more. As you drive up, you can't miss the idyllic curb appeal complemented by a large level lawn, fenced in back yard, large new deck, rear patio, attached garage, gravel drive, and easy access off a paved road. Inside you are treated to a large open concept living space, custom chef's kitchen with quartz counters, stainless appliances, and large island, dining area with tremendous natural light from the large windows, open into the living room with gas burning fireplace, a large main floor primary suite, dual large upstairs bedrooms and bath, a lower level family room, 2 bonus rooms with a shared full bath, and a lower level bonus room and attached bath, as well a great mudroom entry from the garage, the perfect place for storing your snowmobiles thanks to the direct trail access, or ski mountain gear. This is all bolstered by the tremendous Chimney Hill amenities including club house, indoor and outdoor pools, hot tub, full gym, locker rooms, arcade, theater, tennis and basketball courts, and a la carte services such as plowing, trash, and more. Septic sized for 3 bedrooms full time use. Can only be rented as a 3 bedroom per current Wilmington guidelines.
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| Aug 4, 2023 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by Berkley & Veller Greenwood/Dover | $685,000 | |
| Listed by Berkley & Veller Greenwood/Dover | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017