41 Sunset Beach Road
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 |
|---|---|---|---|
| Mar 20, 2025 | Listed | $995,000 | |
| Listed | |||
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This charming lakeside retreat in South Hero boasts 75 feet of prime Lake Champlain frontage, offering breathtaking sunset vistas and serene lake panoramas surrounded by lush mature trees providing a sense of seclusion and tranquility. Soak in the splendid views of Stave and Providence Island and the majestic Adirondack Mountains. A convenient metal staircase and dock allow effortless access to the lake for water activities. Conveniently located in South Hero with proximity to the bike path, town beach, and a mere 30 minutes from Downtown Burlington. Property has an approved approved shoreline house plan with all permits and we have options for a small or larger home on the property.
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| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | Listed by Coldwell Banker Islands Realty | $799,000 | |
| Listed by Coldwell Banker Islands Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017