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Addison
332 Lapham Bay Road
Listed by: Roxanna Emilo, Emilo Real Estate, LLC, Selling Office: Emilo Real Estate, LLC, Listing Courtesy of Prime MLS
$199,000
● House - Off Market

332 Lapham Bay Road

Shoreham, VT 05770
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,416 Ft²
$1,269
Est. Monthly
15.43%
Cap Rate

About This Property

1997 Double wide with addition on 10.25 acres.  Mountain Views are breathtaking! Home sits on a concrete pad with tie downs.  2019 renovations were new siding, new sheetrock, new shower in one-bathroom, new closet in the master bedroom and with attached renovated master bath and also new hot water tank.   Enjoy the spring blossoms from the wild apple and pear trees sprayed through the hedgerow.
Unit Size
1,416 Ft²
Days on Market
-
Land Size
10.25 acres
Price per sqft
$141
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1997

Payment Calculator (Computations Provided by RealtyHop)

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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 #4989804)

Price History

Date / Event Date Event Price
Jul 8, 2024 Sold
Premium
Sold
May 30, 2024 In contract -
In contract
Apr 1, 2024 Listed by Emilo Real Estate, LLC $199,000
Listed by Emilo Real Estate, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 0
  • Building Style: 33
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • 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: 446,490
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,416
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010250
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T
  • Legal Description 1: 10.25 A & MHL

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960900

Geography

  • Parcel: (186) 05-01-06.005
  • Municipality: SHOREHAM
  • Latitude: 43.9366
  • Longitude: -73.3171

    Address

  • Full Address: 332 Lapham Bay Rd
  • Address - House Number: 332
  • Address - Street Name: Lapham Bay
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Shoreham
  • Carrier Code: R021
  • 4-Digit Zip Code: 9615
  • Zip Code: 05770

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $300,500
  • Tax Rate Code Area: 186

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 292,175
  • High Value: 346,719
  • Low Value: 237,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $136,100
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $81,900
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 Addison

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3196 ft²

Average Home Age

68 years

Currently For Sale

143 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

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Prime

Listed by: Roxanna Emilo, Emilo Real Estate, LLC
Last Updated Date: 2024-07-08
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4989804
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 332 Lapham Bay Road built and last sold?
The property at 332 Lapham Bay Road was built in 1997 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 332 Lapham Bay Road is $0.
What are some comparable homes to 332 Lapham Bay Road?
There are currently no comparable homes to 332 Lapham Bay Road.
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