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Rutland 05735
109 Preston Lane
Listed by: Wenda Bird, Century 21 Bird Real Estate/Bomoseen, Selling Office: Coldwell Banker Watson Realty/Rutland, Listing Courtesy of Prime MLS
$126,000
● House - Off Market

109 Preston Lane

Castleton, VT 05732
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$239,778
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Nice 3 Bdrm ranch. New front deck. Hardwood fls, Large windows,lots of closet space. Level Double Lot. Septic recently pumped and Municipal water.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$103
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1963

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 #4249379)

Price History

Date / Event Date Event Price
Jun 30, 2014 Sold
Premium
Sold
Jun 25, 2013 Listed by Century 21 Bird Real Estate/Bomoseen $129,000
Listed by Century 21 Bird Real Estate/Bomoseen

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,092
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,092
  • Gross Building Area: 2,816
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HSE/LOT; PRESTON LANE; INC 44-50-02

Neighborhood

  • School District Name: Addison Rutland Supervisory Union
  • Census Tract: 963600

Zoning

  • Zoning: R2A

Geography

  • Assessors Map Reference: 44-50-00003
  • Parcel: (040) 445000003
  • Municipality: CASTLETON
  • Latitude: 43.6113
  • Longitude: -73.2098

    Address

  • Full Address: 109 Preston Ln
  • Address - House Number: 109
  • Address - Street Name: Preston
  • Address - Suffix Type: Ln
  • State: VT
  • City Name: Bomoseen
  • Carrier Code: H062
  • 4-Digit Zip Code: 9740
  • Zip Code: 05732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $254,300
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 040

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 58
  • Final Value: 176,455
  • High Value: 213,504
  • Low Value: 139,405

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,600
  • Assessed Land Value: $34,200
  • Assessed Improvements Value: $86,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2014
  • Current Sale Recording Date: Jul 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201407301124730016
  • Previous Sale Recording Date: Sep 01, 2010
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 27
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 Rutland

Stats & Trends

Median Asking:

$349,500

Sale Price/ft²

$151

Below Asking

0.03%

Average Days on Market

76

Average Home Size

3053 ft²

Average Home Age

78 years

Currently For Sale

295 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: Wenda Bird, Century 21 Bird Real Estate/Bomoseen
Last Updated Date: 2024-06-30
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4249379
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 109 Preston Lane built and last sold?
The property at 109 Preston Lane was built in 1963 and last sold on Jun 30, 2014 for $126,000.
How much is this home worth?
The estimated value of the home located at 109 Preston Lane is $0.
What are some comparable homes to 109 Preston Lane?
There are currently no comparable homes to 109 Preston Lane.
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