40 Meadow Ln
Champlain, NY 12919
26 Beds
12 Baths
26 Beds
12 Baths
(on 1.50 acres)
Home Highlights
HOA
None
Listed
113 days ago
Climate Control
Heating only
Local Information
- Map ViewExplore the area around 40 Meadow Ln.
- Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
- Shop & Eat
-- mins to
About this House
Champlain Mobile Home Park | 13 Units | 11.94% Cap Rate | Value-Add Opportunity Investment highlights Positioned in the stable and affordable housing market of Champlain, this 13-unit mobile home park presents a compelling opportunity for investors seeking strong in-place cash flow with upside potential. Currently operating at 85% occupancy, the property offers immediate income with the ability to increase revenue through lease-up and operational efficiencies. With an attractive 11.94% cap rate, this asset delivers strong returns from day one. This community benefits from rare, highly desirable infrastructure, including: Town-maintained roads for reduced maintenance responsibility Public water and public sewer (no well/septic headaches) Natural gas availability All sites improved with 16x76 Alaskan slabs, minimizing future capital expenditures The combination of municipal utilities and quality site improvements significantly lowers operational risk while enhancing long-term durability--features highly sought after by experienced mobile home park investors. With below-market operational optimization potential, investors can further increase NOI by: Bringing occupancy to 100% Adjusting lot rents to market levels Streamlining management Located near the Canadian border and key regional employment corridors, Champlain continues to benefit from steady demand for affordable housing. Investment Highlights 13 Total Units 85% Occupied (Value-Add Upside) 11.94% Cap Rate Public Water & Sewer Natural Gas Town Roads 16x76 Alaskan Slabs on All Lots Low Maintenance Infrastructure. Property is 2 separate tax Parcels that must be sold together:
Last check for updates: about 16 hours ago
Listing by: INGLENOOK REALTY INC, (518) 882-6236
Kathleen Gordon, (518) 365-5137
Source: NY State MLS, MLS#11738011
Home Details for 40 Meadow Ln
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Beds & Baths Number of Bedrooms: 26Number of Bathrooms: 12Number of Bathrooms (full): 12 |
Heating & Cooling Heating: Has Heating Unspecified TypeNo CoolingHas HeatingHeating Fuel: Has Heating Unspecified Type |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Amps(0) |
View No View |
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Parking & Garage No Garage |
Frontage Not on Waterfront |
Farm & Range Frontage Length: 0 |
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Days on Market: 113 |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New Construction |
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Price List Price: $525,000 |
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MLS Status: Contract |
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Direction & Address City: Champlain |
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Listing Agent Listing ID: 11738011 |
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Not Senior Community |
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No HOAHOA Fee: No HOA Fee |
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Lot Area: 1.50 acres |
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Listing Agreement Type: Exclusive |
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Mls Number: 11738011Zillow Contingency Status: Under Contract |
Around this home
What Locals Say about Champlain
At least 2 Trulia users voted on each feature.
100 % Say car is needed
100 % Say yards are well-kept
100 % Say it's dog friendly
100 % Say there's wildlife
67 % Say parking is easy
67 % Say streets are well-lit
60 % Say there are sidewalks
50 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
50 % Say it's quiet
50 % Say it's walkable to grocery stores
50 % Say people would walk alone at night
50 % Say kids play outside
33 % Say there's holiday spirit
33 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Champlain
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
10
3MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
4.06 | Multi-Family Home | $140,000 | 10/31/25 | - | 2,063 | ||
4.17 | Multi-Family Home | $209,000 | 05/11/26 | - | 1,938 | ||
4.27 | Multi-Family Home | $210,000 | 12/19/25 | - | 1,800 | ||
5.42 | Multi-Family Home | $85,000 | 04/22/26 | - | 2,464 | ||
6.69 | Multi-Family Home | $216,400 | 11/18/25 | - | 3,560 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.15 | $200,900 | 3 | 1 | 1,200 | Off Market | |
0.16 | $165,000 | 3 | 2 | 1,547 | For Sale | |
0.15 | $278,200 | 4 | 2 | 2,100 | Off Market | |
0.20 | $193,800 | 6 | 2 | 2,011 | Off Market | |
0.20 | - | - | - | - | Off Market | |
0.20 | $154,000 | 2 | 2 | 1,174 | Off Market | |
0.19 | $175,000 | 2 | 1 | 978 | Off Market | |
0.25 | $35,000 | - | - | - | For Sale | |
0.23 | $140,800 | Studio | - | 1,749 | Off Market | |
0.23 | $170,500 | 3 | 1.5 | 1,420 | Off Market | |
0.24 | $136,400 | 4 | 2 | 1,458 | Off Market | |
0.24 | $135,000 | 3 | 1 | 1,162 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 21, 2026 Source: NY State MLS #11738011 | Contingent | $525,000 |
May 29, 2026 Source: Global MLS #202615831 | Pending | $525,000 |
Apr 26, 2026 Source: Global MLS #202615831 | Listed For Sale | $525,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2018 | $3,375 | $145,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kathleen Gordon, INGLENOOK REALTY INC, (518) 882-6236
Agent Phone: (518) 365-5137
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40 Meadow Ln, Champlain, NY 12919 is a 26 bedroom, 12 bathroom multi-family. This property is currently available for sale and was listed by NY State MLS on May 1, 2026. The MLS # for this home is MLS# 11738011.