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Addison 05733
71 Sandy Point Lane
Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury, Selling Office: IPJ Real Estate, Listing Courtesy of Prime MLS
$435,000
● House - Off Market

71 Sandy Point Lane

Leicester, VT 05733
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,088 Ft²
$392,783
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Vintage Vermont Cottage on Lake Dunmore with 79' of Lake Frontage! Bunkhouse with power and screened porch, dock and detached garage for storage. Step back in time with this 2 bedroom,1 bath, one level seasonal cottage. The sleeping porch takes full advantage of the Lake and Mountain Views! Brick fireplace, cathedral ceilings, knotty pine and charm of cottage living. 2 spacious bedrooms and a small office, built-in bookshelves with good closet space. Sit and relax and enjoy the BEST of Lakefront living watching the sunsets, enjoying water sports or just sitting quietly with a book or meditating listening to the water lap ashore. A Rare Find!
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$349
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1929

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 #4920158)

Price History

Date / Event Date Event Price
Aug 26, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by RE/MAX North Professionals, Middlebury $379,900
Listed by RE/MAX North Professionals, Middlebury

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,068
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: LAND & DWELLING

Neighborhood

  • School District Name: Rutland Northeast Supervisory Union
  • Census Tract: 961000

Geography

  • Parcel: (107) 202152
  • Municipality: LEICESTER
  • Latitude: 43.8882
  • Longitude: -73.0677

    Address

  • Full Address: 71 Sandy Point Ln
  • Address - House Number: 71
  • Address - Street Name: Sandy Point
  • Address - Suffix Type: Ln
  • State: VT
  • City Name: Leicester
  • Carrier Code: R002
  • 4-Digit Zip Code: 9118
  • Zip Code: 05733

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $675,900
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 356,466
  • High Value: 423,012
  • Low Value: 289,919

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $356,500
  • Assessed Land Value: $279,000
  • Assessed Improvements Value: $77,500

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Aug 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1369697856
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 Addison

Stats & Trends

Median Asking:

$469,500

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3165 ft²

Average Home Age

68.9 years

Currently For Sale

105 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

Rentals Near You

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Prime

Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury
Last Updated Date: 2022-08-26
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4920158
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 71 Sandy Point Lane built and last sold?
The property at 71 Sandy Point Lane was built in 1929 and last sold on Aug 24, 2022 for $435,000.
How much is this home worth?
The estimated value of the home located at 71 Sandy Point Lane is $0.
What are some comparable homes to 71 Sandy Point Lane?
There are currently no comparable homes to 71 Sandy Point Lane.
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