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Grand Isle
38 Mud Point South
Listed by: Keri Lombardi-Poquette, Paul Poquette Realty Group, LLC, Selling Office: Paul Poquette Realty Group, LLC, Listing Courtesy of Prime MLS
$52,500
● Mobile Manufactured - Off Market

38 Mud Point South

Alburgh, VT 05440
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$62,783
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Existing Mobile Home in westerly facing Lake Champlain Community with blazing sunsets and shared Lake Access.  Rehab existing home or build new! This property could make a great summer getaway or enjoy amazing ice fishing in the winter!  Property being sold in "As-Is" condition. Current owners enjoyed as their summer retreat, but haven't occupied since 2019 and are unsure of current status of heating system & plumbing.
Unit Size
840 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$71
Property Type
Mobile Manufactured
Property Taxes
$88
HOA Dues
-
Year Built
1978

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 #4910408)

Price History

Date / Event Date Event Price
Oct 14, 2022 Sold
Premium
Sold
May 14, 2022 Listed by Paul Poquette Realty Group, LLC $60,000
Listed by Paul Poquette Realty Group, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 45
  • 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: 20,473
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1006
  • County Land Use Code: 103
  • Mobile Home Indicator: T
  • Legal Description 1: LOT & MHOME

Neighborhood

  • School District Name: Grand Isle Supervisory Union
  • Census Tract: 020100

Geography

  • Parcel: (003) MP004
  • Municipality: ALBURGH
  • Latitude: 44.932
  • Longitude: -73.311

    Address

  • Full Address: 38 Mud Pt S
  • Address - House Number: 38
  • Street Segment Direction: S
  • Address - Street Name: Mud
  • Address - Suffix Type: Pt
  • State: VT
  • City Name: Alburgh
  • Zip Code: 05440

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $99,800
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1291
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 55,290
  • High Value: 62,430
  • Low Value: 48,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,000
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $19,500

    Sales

  • Current Sale Contract Date: Oct 14, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 469909056
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:

$525,000

Sale Price/ft²

$251

Below Asking

0.02%

Average Days on Market

88

Average Home Size

2949 ft²

Average Home Age

66 years

Currently For Sale

61 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: Keri Lombardi-Poquette, Paul Poquette Realty Group, LLC
Last Updated Date: 2022-10-17
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4910408
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 38 Mud Point South built and last sold?
The property at 38 Mud Point South was built in 1978 and last sold on Oct 14, 2022 for $52,500.
How much is this home worth?
The estimated value of the home located at 38 Mud Point South is $0.
What are some comparable homes to 38 Mud Point South?
There are currently no comparable homes to 38 Mud Point South.
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