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Orleans 05855
248 Lakeview Drive
Listed by: Michael Conley, Conley Country Real Estate & Insurance, Selling Office: Jim Campbell Real Estate, Listing Courtesy of Prime MLS
$170,000
● House - Off Market

248 Lakeview Drive

Derby, VT 05855
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,554 Ft²
$263,779
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

A great affordable family home in a great neighborhood and a great location!!!!  Almost new roof and almost new furnace.  Full daylight lower level with family room and wood stove.  Large great room on the upper level with cathedral ceiling.  2 car garage.
Unit Size
1,554 Ft²
Days on Market
-
Land Size
1.29 acres
Price per sqft
$116
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1994

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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 #4759814)

Price History

Date / Event Date Event Price
Aug 26, 2019 Sold
Premium
Sold
Jun 19, 2019 Listed by Conley Country Real Estate & Insurance $179,900
Listed by Conley Country Real Estate & Insurance

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,344
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,192
  • Total Building Area: 1,360
  • Gross Building Area: 3,032
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001290
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HOUSE AND GARAGE AND LOT

Neighborhood

  • School District Name: North Country Supervisory Union
  • Census Tract: 951300

Geography

  • Parcel: (056) TRD89006C2TB
  • Municipality: DERBY
  • Latitude: 44.9827
  • Longitude: -72.1812

    Address

  • Full Address: 248 Lakeview Dr
  • Address - House Number: 248
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: VT
  • City Name: Newport
  • Carrier Code: R002
  • 4-Digit Zip Code: 8733
  • Zip Code: 05855

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $86,139
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2211
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 55
  • Final Value: 219,360
  • High Value: 267,864
  • Low Value: 170,855

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,000
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $129,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2019
  • Current Sale Recording Date: Sep 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1289624960
  • Previous Sale Recording Date: Sep 06, 2005
  • Previous Sale Contract Date: Sep 01, 2005
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 36
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 Orleans

Stats & Trends

Median Asking:

$309,000

Sale Price/ft²

$137

Below Asking

0.02%

Average Days on Market

72

Average Home Size

3304 ft²

Average Home Age

65.4 years

Currently For Sale

191 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

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Prime

Listed by: Michael Conley, Conley Country Real Estate & Insurance
Last Updated Date: 2019-10-04
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4759814
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 248 Lakeview Drive built and last sold?
The property at 248 Lakeview Drive was built in 1994 and last sold on Aug 26, 2019 for $170,000.
How much is this home worth?
The estimated value of the home located at 248 Lakeview Drive is $0.
What are some comparable homes to 248 Lakeview Drive?
There are currently no comparable homes to 248 Lakeview Drive.
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