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Addison
1036 Morgan Road
Listed by: Beth Stanway, IPJ Real Estate, Selling Office: The Real Estate Company of Vermont, LLC, Listing Courtesy of Prime MLS
$350,000
● House - Off Market

1036 Morgan Road

Salisbury, VT 05769
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,075 Ft²
$531,891
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Updated farmhouse on nearly 66 acres with barn, chicken coop, pole barn and two ponds!  Beautiful home with pine floors, wood stove and amazing screened in porch.  It's a Vermont dream come true!  First floor Master bedroom en-suite and first floor laundry allows for first floor living.  Upstairs there are two more bedrooms and a bonus office/nursery space.  The pole barn used to be for horses, but could be for other animals and/or equipment.  A huge, stunning barn has a multitude of possibilities; workshop, storage, animals, parties... or all of the above!  Mountain views and perennial gardens complete the dream. Rare opportunity to own this much land in popular Addison County.
Unit Size
2,075 Ft²
Days on Market
-
Land Size
65.70 acres
Price per sqft
$169
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1830

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4721948)

Price History

Date / Event Date Event Price
Jan 18, 2019 Sold
Premium
Sold
Oct 4, 2018 Listed by IPJ Real Estate $350,000
Listed by IPJ Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1830
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 750
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,861,892
  • Total Building Area: 2,075
  • Gross Building Area: 3,175
  • Building Area: 2,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,075
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000065700
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 961000

Geography

  • Parcel: (177) 0617010
  • Municipality: SALISBURY
  • Latitude: 43.9124
  • Longitude: -73.1423

    Address

  • Full Address: 1036 Morgan Rd
  • Address - House Number: 1036
  • Address - Street Name: Morgan
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Salisbury
  • Carrier Code: R001
  • 4-Digit Zip Code: 9566
  • Zip Code: 05769

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $608,300
  • Tax Rate Code Area: 177

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 328,223
  • High Value: 389,496
  • Low Value: 266,949

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $302,800
  • Assessed Land Value: $175,500
  • Assessed Improvements Value: $127,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2003
  • Current Sale Recording Date: Jul 18, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 370846
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 Addison

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3196 ft²

Average Home Age

68 years

Currently For Sale

143 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

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Prime

Listed by: Beth Stanway, IPJ Real Estate
Last Updated Date: 2019-01-18
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4721948
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 1036 Morgan Road built and last sold?
The property at 1036 Morgan Road was built in 1830 and last sold on Jun 30, 2003 for $250,000.
How much is this home worth?
The estimated value of the home located at 1036 Morgan Road is $0.
What are some comparable homes to 1036 Morgan Road?
There are currently no comparable homes to 1036 Morgan Road.
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