1780 Pelots Point 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 |
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| Apr 10, 2025 | Listed | $575,000 | |
| Listed | |||
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There is nothing quite like life on the lake, especially Lake Champlain!!! This beautiful A Frame style home is situated on the shores of North Hero with direct lake frontage. This property is move in ready with all furnishings included, just bring yourself and be ready to jump on in! The large open concept first floor gives you the ability to entertain guests while cheffing things up, all while having a beautiful view of the water. The kitchen has tons of cabinet space, stainless steel appliances (6 burner stove and oven), and granite countertops. With access to the back deck, when you’re not in the water you’ll certainly be hanging here soaking up the sun! Upstairs you have the main bedroom and shared bathroom with washer and dryer. Up another level you will find the two guest bedrooms with views of the lake. You have portable ACs that help with the hot summer nights. Outside you have a 1 car garage where you can store your lake toys (or car), and a beautiful staircase that takes you down to the 80 feet of lake front. Minutes to the Pelots Point Nature Area, North Hero Library, Hero’s Welcome, Shore Acres Inn & Restaurant, and Two Heroes Brewery. Take a trip into Burlington or up to Canada and Montreal. Don’t miss out on the opportunity to own your piece of Lake Champlain today!
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| Sep 23, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Coldwell Banker Islands Realty | $429,900 | |
| Listed by Coldwell Banker Islands Realty | |||
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Looking for peaceful setting directly on Lake Champlain? Look no further! Located on a back road on the beautiful shores of North Hero you find this furnished, 3 bedroom, direct lakefront cottage. Updated items in the kitchen include; cabinets & hardware, gleaming granite countertops with backsplash and a commercial 6 burner stove & oven that cooks will be delighted to use when their not grilling on the large lakeside deck. In the bathroom you'll find a newer vanity along with a new bathtub with surround. The laminate flooring & carpeting were also recently replaced and the 35,000 BTU Rinni heater will keep you warm & toasty long after the first frost arrives. Nice lakeside stairs lead down to the 80' of beach frontage where boating enthusiasts and anglers will find easy access to the Gut, to the Inland Sea and to the broad lake. It's just a short stroll to the North Hero Marina and Tiki Bar and minutes to the library, local brewery, shopping, lakeside restaurants and Island Arts Studio. This property was lived in year round by previous owners! Your lakefront retreat awaits you!! Call today to schedule your appointment!!
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| Nov 24, 2020 | Sold | ||
| Sold | |||
| Aug 31, 2020 | Listed by Coldwell Banker Islands Realty | $270,900 | |
| Listed by Coldwell Banker Islands Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017