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Addison 05443
156 West River Road
Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury, Selling Office: BHHS Vermont Realty Group/S Burlington, Listing Courtesy of Prime MLS
$270,000
● House - Off Market

156 West River Road

Lincoln, VT 05443
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$306,278
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This charming 1880's farmhouse has been nicely renovated. Enjoy the beautiful kitchen with lots of light and fully equipped with stainless steel appliances. The Town of Lincoln is a short distance and across the street is the New Haven River. Enjoy the sounds of the river from the front porch or the 2 front bedrooms or admire the gardens and listen to the birds from the back deck. Just 10 mins to Bristol, 30 mins to Middlebury, move right in to enjoy all this cozy home has to offer!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$221
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1881

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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 #4862636)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
May 22, 2021 Listed by RE/MAX North Professionals, Middlebury $265,000
Listed by RE/MAX North Professionals, Middlebury

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1881
  • Effective Year Built: 1881
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: .26 ACRE AND DWELLING

Neighborhood

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

Geography

  • Parcel: (109) 01070143000
  • Municipality: LINCOLN
  • Latitude: 44.1072
  • Longitude: -72.999

    Address

  • Full Address: 156 W River Rd
  • Address - House Number: 156
  • Street Direction: W
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Lincoln
  • Carrier Code: R001
  • 4-Digit Zip Code: 9639
  • Zip Code: 05443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $313,600
  • Tax Rate Code Area: 109

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 170,725
  • High Value: 202,596
  • Low Value: 138,853

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,200
  • Assessed Land Value: $30,200
  • Assessed Improvements Value: $110,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1227125824
  • Previous Sale Recording Date: Aug 09, 2007
  • Previous Sale Contract Date: Aug 08, 2007
  • Previous Sale Amount: $145,000
  • 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 Addison

Stats & Trends

Median Asking:

$469,500

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3148 ft²

Average Home Age

68.5 years

Currently For Sale

106 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

Unit for rent at 1490 Elder Hill, Lincoln, 05443

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,080 ft²
1490 Elder Hill, Lincoln, 05443 Listing by Christine Fraioli

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury
Last Updated Date: 2021-07-16
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4862636
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 156 West River Road built and last sold?
The property at 156 West River Road was built in 1881 and last sold on Jul 16, 2021 for $268,000.
How much is this home worth?
The estimated value of the home located at 156 West River Road is $266,460.
What are some comparable homes to 156 West River Road?
There are currently no comparable homes to 156 West River Road.
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