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Map
Listed by: Lipkin Audette Team, Coldwell Banker Hickok and Boardman, Phone: 802-846-8800, , Listing Courtesy of Prime MLS
$600,000
●
House -
For Sale
187 North Champlain
Burlington, VT 05401
6 Beds
2 Baths
2,331 Ft²
$3,775
Est. Monthly
About This Property
Positioned in Burlington's vibrant Old North End, this spacious,
6-bedroom single-family rental offers an exceptional amount of
living space just minutes from the city's restaurants, shops,
waterfront, and campus areas. The home features two full bathrooms,
convenient in-unit laundry, and hardwood floors that add warmth and
durability throughout the main living areas. A massive kitchen
serves as the heart of the home, complete with a generous dining
area, breakfast bar, tile backsplash, and two refrigerators - ideal
for shared living and everyday convenience. Enjoy additional living
space on the large enclosed porch, perfect for relaxing or
gathering with friends. The property also includes a one-car garage
and valuable off-street parking, a rare advantage in this highly
sought-after neighborhood. With its size, functional layout, and
close proximity to all of Burlington's amenities, this home
presents an outstanding rental opportunity in one of the city's
most established and energetic communities. Plus, an excellent 10%
cap rate on this rental!
Unit Size
2,331 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$257
Property Type
House
Property Taxes
$828
HOA Dues
-
Year Built
1920
Listed By
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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 months ago (Prime MLS #5078488)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2026 | Listed by Coldwell Banker Hickok and Boardman | $600,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
Property Highlights
Parking Details
Has Garage
Parking Features: Driveway, Parking Spaces 4
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Refrigerator
Rooms: 8
Basement: Yes
Exterior Details
Square Footage: 2331
Architectural Style: Colonial
Year Built: 1920
Construction Materials: Wood Siding
Lot Features: City Lot
Lot Size Area: 3049
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3049
Water Source: Public
Financial Details
Tax Annual Amount: $9,937
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Steam
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Old North End
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Listed by: Lipkin Audette Team, Coldwell Banker Hickok and Boardman
Last Updated Date: 2026-07-06
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 5078488
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: 2026-07-06
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 5078488
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