113 Cedar Ln · Cambridge, VT 05464

$190,000

3 bd · 1.0 ba · 924 sqft · Manufactured public records · 5 Days on market

Built 1993 1.13 ac lot

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.9/30.0
• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +5.6/10.0
• Schools +5.0/10.0
• 1% rule +4.0/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Affordable move in ready home on private dirt road. This well-maintained home sits on over an acre of land with plenty of garden space and established perennial beds. A short drive to 108/Route 15 for an easy commute, near new section of Lamoille valley rail trail, and about 15 minutes to smugglers notch resort. Enjoy the quaint village of Jeffersonville offering a variety of local dining, and unique small businesses.

Key facts

• New appliances
• Owned land
• Mature landscaping

Tags

• OWNED LAND
• MATURE LANDSCAPING
• ESTABLISHED FRUIT TREES
• THRIVING BERRY BUSHES
• NEW VINYL FLOORING
• NEW APPLIANCES

Property features AI

Exterior

• Parking: Crushed stone driveway parking
• Utilities: Drilled well water; Septic system; Circuit breaker electrical service; High-speed internet available; Cable available; Fuel delivered by Corse Fuels (kerosene); Electric service by GMP
• Home design: Manufactured/mobile home; Existing construction; Facing direction: TBD
• Construction: Built in 1993; Vinyl siding; Asphalt shingle roof
• Exterior features: City lot in a country setting with views; Crushed stone driveway; Public road frontage

Interior

• Kitchen: Kitchen/dining area; Microwave; Electric range; Refrigerator; Dishwasher
• Bedrooms: Three bedrooms on the main level
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Kerosene heating; Hot air heating
• Interior features: Five total rooms
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath manufactured listed at $190k.

Deal economics

• At list price, monthly cash flow is $159 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (10.1% below list).
• Recommended offer: $171k (10.1% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 1.0% in Cambridge — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 61/100 on livability (#87 in VT) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living B+; Watch: schools D, amenities F, commute F.
• Market conditions: 23 active listings in the ZIP; 133 units permitted in Lamoille County in 2024 (15 in 5+ unit buildings).

Forward outlook

• In year one you build about $20k of equity ($1k loan paydown + $19k appreciation (10.0% local appreciation)).
• Lamoille County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 23y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $152k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $170,872 (10.1% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
4. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
5. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.90% ✗
• Cap rate: 7.30%
• Cash-on-cash: 3.59%
• DSCR: 1.16
• GRM: 9.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 26.9%
• Equity multiple: 3.13×
• Total profit: $113,567
• Equity at exit: $171,167

10-year hold

• IRR: 23.5%
• Equity multiple: 7.13×
• Total profit: $326,366
• Equity at exit: $369,128

Cash invested: $53,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 41 Moderately Tenant-Leaning
• State Vermont: 41 Moderately Tenant-Leaning · D+15
• County: — inherits STATE
• City: — inherits STATE

Just-cause in Burlington (2022); strong habitability.

Methodology + full state rankings →

ZIP-level market 05464

• Home prices YoY: 9.2%
• Active inventory: 23
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,709 medium
• Mortgage (P&I): −$996
• Tax from tax record: −$115 /mo · $1,382/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $159

Break-even live

Break-even rent $1,507

Max offer price $190,000

Occupancy floor 86%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-04-13
   status Pending
2. 2026-04-08
   listed $190,000 Active
3. 2023-06-14
   soldstatus $152,000
4. 2023-06-09
   soldstatus $152,000 Closed 421-char remark

   Show marketing remark (421 chars)

   Affordable move in ready home on private dirt road. This well-maintained home sits on over an acre of land with plenty of garden space and established perennial beds. A short drive to 108/Route 15 for an easy commute, near new section of Lamoille valley rail trail, and about 15 minutes to smugglers notch resort. Enjoy the quaint village of Jeffersonville offering a variety of local dining, and unique small businesses.

5. 2023-04-24
   historical Active with Contract 421-char remark

   Show marketing remark (421 chars)

   Affordable move in ready home on private dirt road. This well-maintained home sits on over an acre of land with plenty of garden space and established perennial beds. A short drive to 108/Route 15 for an easy commute, near new section of Lamoille valley rail trail, and about 15 minutes to smugglers notch resort. Enjoy the quaint village of Jeffersonville offering a variety of local dining, and unique small businesses.

6. 2023-04-18
   listed $139,000 Active 421-char remark

   Show marketing remark (421 chars)

   Affordable move in ready home on private dirt road. This well-maintained home sits on over an acre of land with plenty of garden space and established perennial beds. A short drive to 108/Route 15 for an easy commute, near new section of Lamoille valley rail trail, and about 15 minutes to smugglers notch resort. Enjoy the quaint village of Jeffersonville offering a variety of local dining, and unique small businesses.

7. 2023-04-13
   soldstatus $100,000
8. 2003-12-02
   soldstatus $79,000 155-char remark

   Show marketing remark (155 chars)

   1992 14X70 MOBILEHOME ON A NICE 1.13 ACRE OWNED LOT IN THE COUNTRY. SHARED PRIVATE ROAD. SHARED WELL AND SEPTIC. PLEASANT COUNTRY VIEWS. NICE STARTER HOME.

9. 2003-10-09
   listed $79,500 155-char remark

   Show marketing remark (155 chars)

   1992 14X70 MOBILEHOME ON A NICE 1.13 ACRE OWNED LOT IN THE COUNTRY. SHARED PRIVATE ROAD. SHARED WELL AND SEPTIC. PLEASANT COUNTRY VIEWS. NICE STARTER HOME.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VT · Partial reset (capped growth)

• Current annual tax: $1,382 · $115/mo
• Projected year-2 tax: $2,496 · $208/mo
• Expected delta: +$1,114/yr (+$93/mo · 80.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥90°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,505
• − Mortgage interest: −$10,643
• − Property taxes: −$1,382
• − Insurance: −$950
• − Repairs & maintenance: −$1,640
• − Management: −$1,640
• − Depreciation: −$5,527
• Taxable loss: −$1,278
• Est. tax savings @ 24.0%: +$307
• After-tax cash flow: $2,217/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — Cambridge

• Score: 61/100
• State rank: #87
• US rank: #18183

Category grades

Amenities F Commute F Cost of living B+ Crime B- Employment B- Housing A+ Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,125

Population outlook (Lamoille County) Hauer SSP2

• Today (2025): 26,543 people
• By 2030: 27,035 · +1.9%
• By 2040: 27,643 · +4.1%
• By 2050: 27,674 · +4.3%
• By 2075: 27,012 · +1.8%
• By 2100: 24,175 · -8.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 5% Black 2%
• Common ancestry: Italian 6% Lithuanian 4% Romanian 3%
• Foreign-born: 1%

Political lean MEDSL · Lamoille

• 2024 margin: Solid D (+35.8) · D 66.3% · R 30.5% · Other 3.1%
• 2008→2024 swing: -6.8pp toward R · 2008: 42.6pp · 2024: 35.8pp
• All cycles: 2024: D+35.8 2020: D+40.8 2016: D+31.5 2012: D+42.1 2008: D+42.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 26.25%
• Current HPI: 310.9551
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+139.0% since first listed

9 events — show timeline

• 2026-04-13 Pending — PrimeMLS
• 2026-04-08 Listed $190,000 PrimeMLS
• 2023-06-14 Sold (Public Records) $152,000 Public Records
• 2023-06-09 Sold (MLS) $152,000 PrimeMLS
• 2023-04-24 Contingent — PrimeMLS
• 2023-04-18 Listed $139,000 PrimeMLS
• 2023-04-13 Sold (Public Records) $100,000 Public Records
• 2003-12-02 Sold (MLS) $79,000 PrimeMLS
• 2003-10-09 Listed $79,500 PrimeMLS

Property tax history

+18.6%/yr

Latest (2024): $1,382 · +3.5% YoY. Source: county tax records.