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Addison
1378 Lincoln Road
Listed by: Roxanna Emilo, Emilo Real Estate, LLC, Selling Office: BHHS Vermont Realty Group/S Burlington, Listing Courtesy of Prime MLS
$255,000
● House - Off Market

1378 Lincoln Road

Ripton, VT 05766
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,280 Ft²
$302,802
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Close to Ripton village, five miles from East Middlebury, this home is set back for privacy. Lot is open and wooded, sit by the fireplace on a cold winter day or enjoy the spacious deck. Home has many upgrades, new kitchen, 2 bathrooms, laundry on the same floor.  Heats with wood or oil furnace.  Wood shed attached. Garage or living space below the house.  Close proximity to the Ripton Elementary school, Ripton Country store, Middlebury Snow Bowl, Rikert X. Country Center, hiking trails, vast trails, but  not far from Middlebury and all that has to offer.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
6.08 acres
Price per sqft
$195
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1975

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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 #4826005)

Price History

Date / Event Date Event Price
Apr 20, 2021 Sold
Premium
Sold
Aug 31, 2020 Listed by Emilo Real Estate, LLC $249,000
Listed by Emilo Real Estate, LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,504
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 270,072
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006200
  • Standard Land Use Code: 1001
  • County Land Use Code: R2
  • Legal Description 1: 6.2 AC & DWL

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960600

Geography

  • Parcel: (164) 06-02-0026
  • Municipality: RIPTON
  • Latitude: 43.9923
  • Longitude: -73.0289

    Address

  • Full Address: 1378 Lincoln Rd
  • Address - House Number: 1378
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Ripton
  • Carrier Code: R777
  • 4-Digit Zip Code: 8925
  • Zip Code: 05766

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 164

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 178,424
  • High Value: 211,732
  • Low Value: 145,115

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $145,300
  • Assessed Land Value: $37,200
  • Assessed Improvements Value: $108,100

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1609267264
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

Rentals Near You

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Prime

Listed by: Roxanna Emilo, Emilo Real Estate, LLC
Last Updated Date: 2021-04-21
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4826005
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 1378 Lincoln Road built and last sold?
The property at 1378 Lincoln Road was built in 1975 and last sold on Apr 20, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 1378 Lincoln Road is $0.
What are some comparable homes to 1378 Lincoln Road?
There are currently no comparable homes to 1378 Lincoln Road.
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