OFF_MARKETGood Deal6 days on market

280 Hawkins Bay Lane

280 Hawkins Bay Lane, Ferrisburgh, VT 05456, Ferrisburgh, VT 05456
$1,650,000
Zestimate®:$1,627,900

Listing Price

Property image 1
280 Hawkins Bay Lane, Ferrisburgh, VT 05456
Loc: Ferrisburgh, VT
Days Listed
6
Tax Assessed
$901k
Zestimate®
$1628k
Market Rate
Lot Size
10.13 acres
Rent Estimate
$5,451/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Ferrisburgh Central School

PK-5
3 mi away
6

Vergennes Union Middle School

7-8
5.4 mi away
8

Vergennes Uhsd #5

9-12
5.4 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Good
Confidence Score: 7.2/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.91%
Total ROI
29.2%
Cash Flow
$2,535/mo
DSCR
1.30
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Data provided by Haven AI. Disclaimer

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Haven AI

This Ferrisburgh property presents a compelling high-end investment with a robust monthly cash flow of $2,535.40. A 7.91% rental yield is exceptional for a $1.65M single-family home, suggesting a successful short-term or premium seasonal rental strategy is likely necessary to sustain these figures. From a conservative standpoint, the high cash flow provides a vital safety margin against Vermont's substantial property tax burden and the inevitable maintenance costs associated with a 3,500+ sqft luxury asset. While the 4% appreciation is realistic for the Lake Champlain region, the investment's viability relies heavily on maintaining premium occupancy rates to service the significant capital outlay.

Strengths
  • High gross rental yield for a luxury price point
  • Strong positive monthly cash flow buffer
  • Desirable location within the Lake Champlain vacation corridor
  • Favorable 4% annual appreciation forecast
Considerations
  • Significant capital exposure at a $1.65M entry price
  • High property tax environment typical of Vermont
  • Increased maintenance and utility costs for large square footage
  • Potential volatility in the premium/short-term rental market
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-23Sold$1,613,000$458
2026-05-18Pending sale$1,650,000$468
2026-04-13Listed for sale$1,650,000$468

Tax History

YearProperty TaxTax Assessment
2024$0$901,300
2023$0$901,300
2022$0$901,300
2021$0$901,300
2020$0$901,300
2019$0$901,300
2018$0$901,300
2017$0$901,300
2016$0$888,200
2015$0$7,470
2014$0$7,277
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
4
Sq Ft
3,522
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,650,000Rent Basis: Observed Comp Model ($5,451/mo)State Tax Benchmark: 1.9% (VT)Hazard Reserve: $481/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.66%

NOI: $27,471/yr

Cash-on-Cash Yield
-19.8%

On $379,500 invested

DSCR Ratio
0.27x

Negative debt coverage

5-Yr Leveraged ROI
+-5.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.9% of basis)-$1,427/mo
Homeowner / Hazard Insurance-$481/mo
Vacancy Reserve (5% of rent)-$273/mo
Repairs & Maintenance (10% of rent)-$545/mo
Property Management (8% of rent)-$436/mo
Total Pure Operating Expenses-$3,162/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,451/mo
Less: Operating Expenses-$3,162/mo
Net Operating Income (NOI)+$2,289/mo
Less: Debt Service (30yr @ 6.75%)-$8,561/mo
Net Cash Flow
$-6,272/mo
$-75,267/year
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