Grand Isle
148 Cedar Lane
Listed by: Evan Potvin, Coldwell Banker Islands Realty, Selling Office: Paul Poquette Realty Group LLC, Listing Courtesy of Prime MLS
$192,750
●
House -
Off Market
148 Cedar Lane
Alburgh, VT 05440
2 Beds
0 Bath
1,440 Ft²
$258,472
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Affordable year-round home tucked away in a small lakefront
community on Lake Champlain. This 2 bedroom home is located on a
semi-private 0.16 lot surrounded by cedar hedge. Enjoy a short walk
to the shared east-facing lake access. Inside you will find an open
concept design on the main floor with a bedrooms and ¾ bath with
double sinks and a walk-in shower. Go down the spiral staircase to
the finished basement where you will find 3 nice sized rooms giving
you plenty of space and storage. Watch the sunrise from the wrap
around covered porch which has plenty of space for patio furniture.
10 minutes from the Canadian Border and 30 minutes to Saint Albans.
This home has so much to offer - come see what is possible!
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$135
Property Type
House
Property Taxes
$163
HOA Dues
-
Year Built
1962
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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 #4827525)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2022 | Sold | ||
| Sold | |||
| Sep 26, 2022 | Listed by Paul Poquette Realty Group LLC | $259,000 | |
| Listed by Paul Poquette Realty Group LLC | |||
| | |||
|
Completely remodeled, energy efficient, two bedroom contemporary with Lake Champlain access. This home was stripped down to the bones in 2019 and completely redone including all major systems and appliances. It is extremely well insulated and heats like a dream. The main floor features an open concept of living, dining and kitchen area as well as one bedroom and bathroom. The lower level features low maintenance vinyl plank flooring an extra bedroom and two other generously sized rooms. You'll love the wrap around covered porch that offers up a great place to take in the sounds of silence and lake views. Conveniently located less than 15 minutes from Swanton, 25 minutes from St. Albans and only an hour's drive from Montreal.
| |||
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Sep 8, 2020 | Listed by Coldwell Banker Islands Realty | $195,000 | |
| Listed by Coldwell Banker Islands Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grand Isle
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Listed by: Evan Potvin, Coldwell Banker Islands Realty
Last Updated Date: 2020-11-25
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4827525
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.
Last Updated Date: 2020-11-25
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4827525
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