Lakefront Duplex with Deep-Water
3261 Route 30 North Castleton, VT 05735
3261 Route 30 North, Castleton, VT, 05735
$799,000
For Sale
$799,000
Own a Lake Bomoseen duplex with deep-water access, supporting flexible year-round or vacation use.
Property Size3,817 SF
Price / SF$209.33
Days on Market47
Property Features for 3261 Route 30 North
General Information
- Standard status
- Active
- Size
- 3,817 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1930
Listing Agency
Lakes & Homes Real Estate
(802) 671-8042
Listed by
Nancy Liberatore
(802) 671-8042
Source
Threehillsres
Added: Jun 4 Updated: Jul 10 at 3:59 pm Checked: Jul 20 at 5:53 am
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 Lakes & Homes Real Estate
Investment Insights
Based on property information with market context.
Located at 3261 Route 30 North in Castleton, Vermont, this Lake Bomoseen duplex offers direct deep-water access for boating, swimming, and fishing. The property is configured as two separate units, each designed for comfortable living with a lake-area style. The overall setup supports flexible occupancy, whether you’re looking for year-round use, a vacation home, or income-oriented short-term rental opportunities.
The duplex is positioned on the shores of Lake Bomoseen, giving owners convenient access to launch a boat and enjoy time on the water. The provided remarks also note proximity to local dining, golf, skiing, and hiking trails, aligning the property with the recreational pace of the region throughout the year.
For buyers and operators, this asset pairs a duplex income structure with lakefront appeal centered on deep-water access. It may fit multi-generational ownership, a personal lakeside retreat with supplemental rental income, or a strategy focused on short-term stays tied to Lake Bomoseen’s seasonal demand. If you’re specifically seeking waterfront living with boating-ready access in a two-unit format, this duplex is a straightforward option to evaluate.
The duplex is positioned on the shores of Lake Bomoseen, giving owners convenient access to launch a boat and enjoy time on the water. The provided remarks also note proximity to local dining, golf, skiing, and hiking trails, aligning the property with the recreational pace of the region throughout the year.
For buyers and operators, this asset pairs a duplex income structure with lakefront appeal centered on deep-water access. It may fit multi-generational ownership, a personal lakeside retreat with supplemental rental income, or a strategy focused on short-term stays tied to Lake Bomoseen’s seasonal demand. If you’re specifically seeking waterfront living with boating-ready access in a two-unit format, this duplex is a straightforward option to evaluate.
Key Highlights
- Duplex built in 1930 with Lake Bomoseen waterfront access
- Deep‑water access on Lake Bomoseen for boating, swimming, and fishing
- Each unit offers living space with lake‑area charm for flexible year‑round or vacation use
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.7k | $13.80 |
| − Vacancy | −$1.0k | −$0.26 |
| EGI | $51.7k | $13.54 |
| − OpEx | −$15.5k | −$4.06 |
| NOI | $36.2k | $9.48 |
3,817 SF · lease $13.80/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$516.7K
$452.2K – $602.9K
NOI $36,172 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$476.1K
$416.6K – $555.5K
NOI $33,329 @ 7.0% cap · market cap 4.17%
Theoretical Best
Healthcare Medical
$664.6K
$581.5K – $775.4K
NOI $46,521 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Own a Lake Bomoseen duplex with deep-water access, supporting flexible year-round or vacation use.
Where is this duplex located?
The property is located at 3261 Route 30 North Castleton, VT.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Duplex built in 1930 with Lake Bomoseen waterfront access; Deep‑water access on Lake Bomoseen for boating, swimming, and fishing; Each unit offers living space with lake‑area charm for flexible year‑round or vacation use
