384 Penny Lane
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Listed | $99,000 | |
| Listed | |||
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Welcome to Lakeview in Shelburne, one of Chittenden County's most popular Mobile Home Parks, where the happy residents own the park! On arrival the exterior gives a warm feeling of a cozy cottage due to the side 3 season addition and nice lawn with garden shed. This large 2 bedroom 2 full bathroom home is sure to attract all intending buyers. Many important updates include new Washer & Dryer 2024, new roof (2022), fuel tank with concrete pad, blacktop driveway, vinyl flooring & carpeting throughout, exterior skirting all within the last 7 years. Further benefits include central AC, Laundry area, & all important crawl space "heat taping" vital for those cold winter temps! Outside enjoy the spacious side yard by relaxing or gardening, where you'll find a large shed for all your gardening toys or storage, as well as parking spaces for 2 cars. The location is hard to beat - tucked away from all the hustle & bustle, yet moments away from all that Shelburne has to offer. We are inviting buyers who plan to owner occupy only. Dogs allowed! Purchaser must pass the park approval process. Monthly fees $340 includes co-op fee, trash & snow removal from roads.
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| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Jim Campbell Real Estate | $95,000 | |
| Listed by Jim Campbell Real Estate | |||
| Jun 23, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017