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Chittenden 05482 Shelburne
56 Penny Lane
Listed by: Mike Conroy, KW Vermont, Selling Office: KW Vermont, Listing Courtesy of Prime MLS
$58,000
● House - Off Market

56 Penny Lane

Shelburne, VT 05482
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$78,669
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Come check out this mobile home in one of the most sought after Co-Op parks.  Lakeview Co-Op has so much to offer with just the peaceful feeling, amazing Lake Champlain views, easy access to shops, restaurants, interstate, and so much more.  This property is 2 bedrooms 1 bathroom and is ready for a buyer to put some love into it.  Come and put in some cosmetic work and live your dream out in this amazing area. Make a home for yourself!
Unit Size
924 Ft²
Days on Market
-
Land Size
-
Price per sqft
$76
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
-

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 #4874602)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
Jul 28, 2021 Listed by KW Vermont $69,900
Listed by KW Vermont

Property Highlights

Parking Available

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • Mobile Home Indicator: T
  • Legal Description 1: LAKEVIEW MHP/SERIAL#564-621-1537-INS

Neighborhood

  • School District Name: Chittenden South Supervisory Union
  • Census Tract: 003402

Geography

  • Parcel: (183) 363-0056
  • Municipality: SHELBURNE
  • Latitude: 44.4165
  • Longitude: -73.2155

    Address

  • Full Address: 56 Penny Ln
  • Address - House Number: 56
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: VT
  • City Name: Shelburne
  • Carrier Code: R003
  • 4-Digit Zip Code: 7714
  • Zip Code: 05482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2365
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 67
  • Final Value: 86,625
  • High Value: 107,116
  • Low Value: 66,133

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,300
  • Assessed Improvements Value: $46,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1846205504
  • Previous Sale Recording Date: Oct 15, 2018
  • Previous Sale Contract Date: Oct 02, 2018
  • Previous Sale Amount: $7,800
  • Previous Sale Document Type: 27
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 Shelburne

Stats & Trends

Median Asking:

$727,000

Sale Price/ft²

$263

Below Asking

0.02%

Average Days on Market

72

Average Home Size

3473 ft²

Average Home Age

40.2 years

Currently For Sale

18 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

Unit for rent at 31 Overlook, South Burlington, 05403

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,170 ft²
31 Overlook, South Burlington, 05403 Listing by Michael Wurth
Unit for rent at 33 Harbor View, South Burlington, 05403

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
33 Harbor View #803, South Burlington, 05403 Listing by Betty Charron

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Mike Conroy, KW Vermont
Last Updated Date: 2021-10-15
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4874602
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 56 Penny Lane built and last sold?
The property at 56 Penny Lane was built in and last sold on Oct 15, 2021 for $58,000.
How much is this home worth?
The estimated value of the home located at 56 Penny Lane is $0.
What are some comparable homes to 56 Penny Lane?
There are currently no comparable homes to 56 Penny Lane.
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