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23 Mud Point South
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 |
|---|---|---|---|
| May 7, 2026 | Listed by Coldwell Banker Islands Realty | $650,000 | |
| Listed by Coldwell Banker Islands Realty | |||
| Oct 14, 2024 | Listed | $695,000 | |
| Listed | |||
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Welcome to your year-round Lake Champlain retreat. Being sold fully furnished, it's ready for you to enjoy 85 feet of private, owned, lake frontage! Built in 2006, this modern yet rustic home has beautiful sunset views of Isle Lamotte, NY mountains, and Rouse's Point. Canada is just a 15-minute drive; 1 hour and 10 minutes to Montreal, 1 hour to Burlington. Situated in a shallow bay, this property is ideal for windsurfing, paddle boarding, and kayaking. This area offers excellent fishing, and access to the broad lake is right outside your door! There is a boat launch just a mile down the road, and several dock-up-and-eat restaurants/bars by boat within 10-45 minutes. Enjoy the expansive views from the large 30x16 screened in deck, plenty of space to host a large gathering. Located at the top of the Champlain Islands, you'll appreciate the peaceful, quiet setting full of nature and wildlife. Whether you're here for full-time living or you want this to be your 12-month vacation home, 23 Mud point South is ready for new owners to love it. Docks included. Showing to prequalified buyers only.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017