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    Residential Income Duplex with Private Apartment Title is generated by Realmo AI

    132 East Shore South, Grand Isle, VT 05458

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    For Sale
    $699,000

    Well-maintained duplex-style estate with a separate apartment, heated workshop, and outdoor space on multiple acres.

    Type:Multi Family Home
    Property size:
    3,418 SF
    Lot size:
    3.65 Acres
    Price / SF:
    $204/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 2:10 am

    Property Features for 132 East Shore South

    General Information

    Standard status
    Active
    Size
    3,418 SF
    Lot size
    3.65 Acres
    Property subtype
    Multi Family Home

    Building Details

    Year Built
    1988

    We can help!

    Listing Contact
    Mark Cobb

    Listing agent Mark Cobb

    Listing office Brian French Real Estate

    Listing date Jun 4, 2026

    Source Threehillsres

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Brian French Real Estate

    HighLights

    • 1988‑built Grand Isle estate on 3.65 acres with mature landscaping
    • Main home offers bright living spaces, a well‑appointed kitchen, generous bedrooms, and abundant natural light
    • Heated workshop plus a 2.5‑car garage for added workspace and storage
    • Separate private apartment with its own entrance for rental income, long‑term guests, or an in‑law suite
    • Outdoor living areas with ample parking

    Overview

    This Grand Isle residential income property features a main home with bright, comfortable living spaces, a well-appointed kitchen, generous bedrooms, and abundant natural light with quality finishes throughout. A heated workshop and a 2.5-car garage support day-to-day utility and storage. The property also includes a separate private apartment with its own entrance, designed to accommodate long-term guests, an in-law suite, or rental income, while enabling an owner to live on-site.

    Set on 3.65 acres, the estate offers sweeping views, privacy, and mature landscaping, along with ample parking and outdoor living areas. The overall layout supports both shared property enjoyment and separation between the main residence and the private apartment.

    For tenants, buyers, and owner-occupants seeking a straightforward live-and-rent setup, the property’s two distinct living areas provide flexibility without requiring a shared entry. The heated workshop and garage add practical value for a range of day-to-day needs, while the separate apartment’s independent access can help reduce disruption between occupants. Overall, it’s a well-kept, owner-occupied duplex-style arrangement built around comfortable interiors and usable outdoor space.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Accounting Firm Grocery & Convenience Store Food Market Wine and Liquor Store Coworking & Hybrid Office Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Isle
    County
    Grand Isle
    State
    Vermont
    Longitude
    -73.345491
    Latitude
    44.7048464

    Nearby Similar for Sale

    • $699,000
      3,049 SF

      Ranch Duplex with Private Apartment

      Two separate living areas, including a private apartment with its own entrance, support flexible owner-occupied or rental arrangements.
      132 East Shore S, Grand Isle, VT 05458
      View Details
    • $495,000

      Renovated Processing Facility on Acreage

      Renovated processing facility on over three acres of land.
      43 Pearl St, Grand Isle, VT
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex-style estate with a separate apartment, heated workshop, and outdoor space on multiple acres.
    Where is this duplex located?
    The property is located at 132 East Shore South Grand Isle, VT.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 1988‑built Grand Isle estate on 3.65 acres with mature landscaping; Main home offers bright living spaces, a well‑appointed kitchen, generous bedrooms, and abundant natural light; Heated workshop plus a 2.5‑car garage for added workspace and storage
    (802) 862-6433
    We can help!
    Listing Contact
    Mark Cobb
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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