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Bennington 05350
1018 Shippee Road
Listed by: Debra Trzcinski, Steepleview Realty, Selling Office: Big Bear Real Estate, Listing Courtesy of Prime MLS
$221,000
● House - Off Market

1018 Shippee Road

Readsboro, VT 05350
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,094 Ft²
$228,612
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Secluded but easy access to MA Route 2. This three level property has beautiful wood floors and open floor plan with wood burning fireplace. Enter the lower level into mud room where there's a toasty wood stove. Don't feel like burning wood? The entire house has electric baseboard heating or as another option, there are mini splits on the two upper floors and a third can be added. It's cozy yet quite spacious. There is a newer hybrid water heater, newer roof and some new vinyl windows. Perfect for hiking, trail riding, close to skiing areas and minutes to downtown North Adams.
Unit Size
2,094 Ft²
Days on Market
-
Land Size
5.50 acres
Price per sqft
$110
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Prime MLS #4956044)

Price History

Date / Event Date Event Price
Aug 8, 2023 Sold
Premium
Sold
Jun 5, 2023 Listed by Steepleview Realty $229,900
Listed by Steepleview Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 326,700
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: LAND & DWELLING

Neighborhood

  • School District Name: Windham Southwest Supervisory Union
  • Census Tract: 970601

Geography

  • Parcel: (161)T16X800
  • Municipality: READSBORO
  • Latitude: 42.7402
  • Longitude: -72.9503

    Address

  • Full Address: 1018 Shippee Rd
  • Address - House Number: 1018
  • Address - Street Name: Shippee
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Readsboro
  • Carrier Code: R002
  • 4-Digit Zip Code: 4407
  • Zip Code: 05350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $380,200
  • Tax Rate Code Area: 161

    Appraisal Valuation

  • Standard Deviation: 0.1602
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 80
  • Final Value: 237,346
  • High Value: 275,376
  • Low Value: 199,317

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $159,200
  • Assessed Land Value: $39,600
  • Assessed Improvements Value: $119,600

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 808398144
  • Previous Sale Recording Date: Feb 05, 2004
  • Previous Sale Contract Date: Feb 04, 2004
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bennington

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$173

Below Asking

0.02%

Average Days on Market

77

Average Home Size

3667 ft²

Average Home Age

70.2 years

Currently For Sale

260 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: Debra Trzcinski, Steepleview Realty
Last Updated Date: 2023-08-09
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4956044
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1018 Shippee Road built and last sold?
The property at 1018 Shippee Road was built in 1973 and last sold on Jul 31, 2023 for $221,000.
How much is this home worth?
The estimated value of the home located at 1018 Shippee Road is $0.
What are some comparable homes to 1018 Shippee Road?
There are currently no comparable homes to 1018 Shippee Road.
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