Listed by: Warren Palm, BHHS Vermont Realty Group/S Burlington, Selling Office: KW Vermont, Listing Courtesy of Prime MLS
$80,000
●
Mobile Manufactured -
Off Market
292 Summer Street
Richmond, VT 05477
2 Beds
2 Baths
1,064 Ft²
$78,852
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This large 14x76 2 bedroom, 2 bath, 1996 mobile home has had
many improvements. Only a few minutes to I89 and on a large
leased lot in Riverview Commons Mobile Home Park this could be an
affordable alternative to today's over the top prices for housing.
Very large kitchen with a walk in pantry and tons of oak
cabinets, loads of counter space and a prep island, good size
dining area, newer vinyl clad thermopane windows throughout, 4
years old metal roof, new flooring, new water heater are just a few
of the updates. Two big perks on this home is that it is setup on a
full cement slab, and has central air conditioning-a plus these
days. To top it off there is a 8x16 screen room and an additional
attached 10x16 deck. Parks allows pets. Please, come
and visit soon, it won't last long!
Unit Size
1,064 Ft²
Days on Market
-
Land Size
-
Price per sqft
$65
Property Type
Mobile Manufactured
Property Taxes
$92
HOA Dues
$535
Year Built
1996
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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 years ago (Prime MLS #4873283)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 5, 2022 | Listed by KW Vermont | $89,900 | |
| Listed by KW Vermont | |||
| | |||
|
The affordable alternative in the current market! Easy access to I-89, Rt. 2, Rt.117, downtown Richmond, Bolton Valley, Cochran's, Camel's Hump, biking, swimming, and paddling. The commute to Burlington, Williston and Montpelier/Barre is a snap. Sit down in the large kitchen with full dining table area and picture window peeking at Camel's Hump, it'll take you in! Walk-in pantry, many oak cabinets, counter space, nice kitchen island counter. Modern vinyl clad thermopane windows throughout, 4 year old metal roof, newer laminate flooring, recent water heater. Set on a full cement slab. Central AC! Screened room outside is 8x16 with additional 10x16 deck. Last but not least, this park allows pets!
| |||
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Listed by BHHS Vermont Realty Group/S Burlington | $68,900 | |
| Listed by BHHS Vermont Realty Group/S Burlington | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Beds
Baths
ft²
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Closing Price
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HOA + Taxes
About Chittenden
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Listed by: Warren Palm, BHHS Vermont Realty Group/S Burlington
Last Updated Date: 2021-08-30
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4873283
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: 2021-08-30
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4873283
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