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Listed by: Lipkin Audette Team, Coldwell Banker Hickok and Boardman, Selling Office: Hearthside Group, Listing Courtesy of Prime MLS
$2,875,000
●
House -
Off Market
Charlotte, VT
4 Beds
3 Baths
3,808 Ft²
$3,263,698
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Lakefront luxury home offering breathtaking panoramic views of Lake
Champlain and the Adirondacks plus 155 feet of direct waterfront, a
private beach and 2 Hazelett moorings. Completely remodeled with
high quality finishes inside and out, this Contemporary multi-level
offers open areas for gatherings and private spaces as well. The
updated kitchen offers a center island with seating, granite
counters and high-end stainless appliances including a Viking
stove. The living room has a fireplace, cherry floors and access to
deck and bluestone patio. Convenient 1st floor bedroom or in-home
office and full bath. Upstairs offers 3 bedrooms, full marble bath
with radiant heat floor, plenty of closet storage plus a large rec
room with wet bar, private bath, gas fireplace, access to upper
deck with hot tub and separate entrance. This space has lots of
possibilities-entertaining, gym, music/art studio, guest suite. A
mix of mature trees, professional perennial landscaping throughout
the front and back yards, this property offers ultimate lakefront
privacy. Other features include crown molding, central A/C, Marvin
Windows with custom Hunter Douglas shades, a heated 4-car garage,
outdoor shower, Azek decking, whole house generator, garden shed,
plus a newer septic system. This property is turn-key and ready for
its next owners to make a lifetime of memories! On a dead-end road,
close to Charlotte Beach, tennis courts and playground plus easy
access to Burlington and surrounding ski areas
Unit Size
3,808 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$755
Property Type
House
Property Taxes
$1,653
HOA Dues
-
Year Built
-
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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.
Parking Features: Auto Open, Direct Entry, Finished, Heated Garage, Attached
Garage: 4 Spaces
Interior Details
Bedrooms: 4
Full Bathrooms: 3
Interior Features: Bar, Blinds, Ceiling Fan, Dining Area, Fireplace - Gas, Fireplace - Wood, Fireplaces - 2, Kitchen Island, Laundry Hook-ups, Lead/Stain Glass, Natural Light, Storage - Indoor, Wet Bar
Appliances: Dishwasher, Dryer, Microwave, Mini Fridge, Range - Gas, Refrigerator, Washer, Water Heater - Electric, Water Heater - Owned, Water Heater - Tank
Has Basement: Yes
Basement Features: Finished, Stairs - Interior, Storage Space
Exterior Details
Road Frontage Length: 100
Waterfront Frontage Length: 155
Construction Status: Existing
Construction Materials: Wood Frame, Cedar Exterior
Lot Features: Beach Access, Lake Access, Lake Frontage, Lake View, Landscaped, View, Water View, Waterfront
Lot Size Acres: 1.02
Lot Sqft: 44431
Financial Details
Taxes Gross Amount: $19,830
Tax Year: 2020-2021
Utilities Details
Electric information: Circuit Breaker(s), Generator
Heating Type: Baseboard, Hot Water
Cooling Type: Central AC
Utilities for property: Cable - At Site, Gas - LP/Bottle
Sewer Features: Mound, Private, Septic
Water Source: Other
Location Details
Water Body Restrictions: Unknown
Water Body Access: Yes
Water Body Name: Lake Champlain
Water View: Yes
Zoning Information: Shoreland
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