Grand Isle
599 Bow and Arrow Point
Listed by: Nancy Willette, Coldwell Banker Islands Realty, Selling Office: Coldwell Banker Islands Realty, Listing Courtesy of Prime MLS
$190,000
●
House -
Off Market
599 Bow and Arrow Point
North Hero, VT 05474
1 Bed
0 Bath
480 Ft²
$267,099
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Here is your chance to own an adorable & affordable direct
lakefront cottage. Nestled in a small lakefront community, this
sweet cottage features 125' of direct lake frontage with a well
built seawall. Enjoy stunning sunrises & moon rises over the lake
while listening to the waves lapping the shoreline from the
spacious lakeside porch, ideal for slumbering. Easy access to
the broad lake and the Inland Sea. Only minutes to the quaint
Village of City Bay, North Hero. New roof in 2017 & porch
windows replaced in 2014. Out building w/ power. Many
lifelong memories made here, just waiting for you to start yours.
Unit Size
480 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$406
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1965
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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 #4820076)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2020 | Sold | ||
| Sold | |||
| Aug 1, 2020 | Listed by Coldwell Banker Islands Realty | $195,000 | |
| Listed by Coldwell Banker Islands Realty | |||
| Oct 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Price Decreased |
$184,000
↓ $5K
(2.7%) | |
| Price Decreased | |||
| May 1, 2019 | Listed | $189,000 | |
| Listed | |||
| | |||
|
Here is your chance to own affordable direct lakefront. Nestled in a small lakefront community, this sweet lakeside cottage features 125' of direct lake frontage & beautiful views. Enjoy stunning sunrises & moon rises over the lake while listening to the waves from the ideal sleeping porch. In the evening, enjoy a campfire & roasting s'mores from the concrete outdoor fireplace. Boat lift and docks as well as most of the furnishings are included. Monitor heat. Nice perennial beds & beautiful privacy hedges. Only minutes to the quaint Village of City Bay, North Hero and an easy commute to Burlington. New roof in 2017 & porch windows replaced in 2014. Out building w/ power. Many lifelong memories made here, just waiting for you to start yours. The manager has listed the unit size as 480 square feet.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grand Isle
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Listed by: Nancy Willette, Coldwell Banker Islands Realty
Last Updated Date: 2020-08-27
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4820076
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.
Last Updated Date: 2020-08-27
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4820076
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