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Grand Isle
2 Griswold Road
Listed by: Brian French, Brian French Real Estate, Selling Office: Coldwell Banker Islands Realty, Listing Courtesy of Prime MLS
$150,000
● Land - Off Market

2 Griswold Road

Grand Isle, VT 05458
bedrooms
Studio
bathrooms
0 Bath
$901
Est. Monthly
10.09%
Cap Rate

About This Property

Property has well and older septic system. Great Northerly and Southerly views of Lake Champlain. Property had duplex on it previously, but burnt down. Garage (which needs work) on property. Great investment opportunity or build your own home on large lot with lake views. Part of lot has been used recently as a staging area for materials to build bridge. Potential for more than one building site.
Unit Size
-
Days on Market
-
Land Size
3.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$164
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Operating Profit Per Year
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 #4949582)

Price History

Date / Event Date Event Price
Sep 30, 2024 Sold
Premium
Sold
May 22, 2024 In contract -
In contract
Apr 21, 2023 Listed by Brian French Real Estate $150,000
Listed by Brian French Real Estate

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 133,294
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003060
  • Standard Land Use Code: 0027
  • County Land Use Code: M
  • Legal Description 1: DGR / LAND

Neighborhood

  • School District Name: Grand Isle Supervisory Union
  • Census Tract: 020200

Geography

  • Parcel: (081) 030132
  • Municipality: GRAND ISLE
  • Latitude: 44.7417
  • Longitude: -73.2901

    Address

  • Full Address: 2 Griswold Rd
  • Address - House Number: 2
  • Address - Street Name: Griswold
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Grand Isle
  • Carrier Code: R002
  • 4-Digit Zip Code: 2220
  • Zip Code: 05458

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $201,800
  • Tax Rate Code Area: 081

    Appraisal Valuation

  • Standard Deviation: 0.1264
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 85
  • Final Value: 234,065
  • High Value: 263,662
  • Low Value: 204,469

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,700
  • Assessed Land Value: $91,300
  • Assessed Improvements Value: $10,400
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 Grand Isle

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$250

Below Asking

0.02%

Average Days on Market

88

Average Home Size

2938 ft²

Average Home Age

63.3 years

Currently For Sale

63 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Brian French, Brian French Real Estate
Last Updated Date: 2024-10-01
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4949582
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 2 Griswold Road built and last sold?
The property at 2 Griswold Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Griswold Road is $0.
What are some comparable homes to 2 Griswold Road?
There are currently no comparable homes to 2 Griswold Road.
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