For SaleGood Deal142 days on market
131 Main Street #407
131 Main Street #407, Burlington, VT 05401, Burlington, VT 05401
$199,000
Estimate®:$196,500
Listing Price
131 Main Street #407, Burlington, VT 05401
Loc: Burlington, VT
Days Listed
142
Tax Assessed
$190k
Estimate®
$197k
Market Rate
Rent Estimate
$2,085/mo
Est. Cash Flow base
Type
condo
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.
7
Edmunds Elementary School
PK-5
0.3 mi away
7
Edmunds Middle School
6-8
0.3 mi away
7
Burlington Senior High School
9-12
1.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
neoclassicalbrick masonrymulti-storydowntownurbanbalconyhistoriccommercial buildingmixed-useornate cornicelarge windowsstreetscapecentral entrance
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.26%
Total ROI
116.7%
Cash Flow
$172/mo
DSCR
1.17
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $172/mo net cash flow with a 7.3% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.3%)
- • Strong rental demand in Burlington
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Price change | $199,000 | $342 |
| 2026-08-19 | Price change | $215,000 | $369 |
| 2026-05-05 | Listed for sale | $225,000 | $387 |
| 2020-08-14 | Sold | $185,000 | $318 |
| 2017-06-23 | Sold | $159,000 | $273 |
| 2017-05-01 | Listed for sale | $164,900 | $283 |
| 2015-02-03 | Sold | $129,000 | $222 |
| 2014-12-10 | Price change | $139,900 | $240 |
| 2014-08-05 | Listed for sale | $150,000 | $258 |
| 2000-12-22 | Sold | $69,000 | $119 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,495 | $190,200 |
| 2024 | $0 | $190,200 |
| 2023 | $0 | $190,200 |
| 2022 | $0 | $190,200 |
| 2021 | $0 | $190,200 |
| 2020 | $0 | $144,900 |
| 2019 | $0 | $144,900 |
| 2018 | $0 | $144,900 |
| 2017 | $3,860 | $144,900 |
| 2016 | $0 | $144,900 |
| 2015 | $0 | $1,449 |
| 2014 | $0 | $1,449 |
| 2013 | $0 | $1,449 |
| 2012 | $0 | $1,449 |
| 2011 | $0 | $1,449 |
| 2010 | $0 | $1,449 |
| 2009 | $0 | $1,449 |
| 2008 | $0 | $1,449 |
| 2007 | $0 | $1,449 |
| 2006 | $0 | $1,449 |
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