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Franklin
1002 Lamkin Street
Listed by: The Paul Martin Team, M Realty, Selling Office: KW Vermont, Listing Courtesy of Prime MLS
$282,000
● House - Off Market

1002 Lamkin Street

Highgate, VT 05459
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$1,647
Est. Monthly
10.84%
Cap Rate

About This Property

An affordable home on a level 1 acre lot with large attached garage! This home has so much room with 3 well sized bedrooms, a bonus room that can be used as an office or craft room. Affordable utilities to include Swanton Electric an VT Gas - not to mention Highgate has one of the lowest tax rates in the state of Vermont. Large primary bedroom with ensuite. Seller recently replaced all of the windows and is still finishing the trim work -- worth the wait! Updated flooring throughout. New garage door. Schedule your showing today!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$173
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1994

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Prime MLS #4985427)

Price History

Date / Event Date Event Price
Apr 11, 2024 Sold
Premium
Sold
Feb 19, 2024 Listed by M Realty $279,900
Listed by M Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T
  • Legal Description 1: MH & 1.00 ACRE

Neighborhood

  • School District Name: Franklin Northwest Supervisory Union
  • Census Tract: 010101

Geography

  • Parcel: (092) 0021005206
  • Municipality: HIGHGATE
  • Latitude: 44.9361
  • Longitude: -73.026

    Address

  • Full Address: 1002 Lamkin St
  • Address - House Number: 1002
  • Address - Street Name: Lamkin
  • Address - Suffix Type: St
  • State: VT
  • City Name: Highgate Center
  • Carrier Code: R002
  • 4-Digit Zip Code: 4113
  • Zip Code: 05459

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $342,800
  • Tax Rate Code Area: 092

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 50
  • Final Value: 214,489
  • High Value: 267,848
  • Low Value: 161,129

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $170,200
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $115,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2012
  • Current Sale Recording Date: May 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201205237575608048
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Franklin

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$167

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2817 ft²

Average Home Age

66.6 years

Currently For Sale

236 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: The Paul Martin Team, M Realty
Last Updated Date: 2024-04-11
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4985427
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1002 Lamkin Street built and last sold?
The property at 1002 Lamkin Street was built in 1994 and last sold on May 16, 2012 for $139,900.
How much is this home worth?
The estimated value of the home located at 1002 Lamkin Street is $0.
What are some comparable homes to 1002 Lamkin Street?
There are currently no comparable homes to 1002 Lamkin Street.
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