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Chittenden
23 Downes Road
Listed by: Meg Handler, Coldwell Banker Hickok and Boardman, Selling Office: Coldwell Banker Hickok and Boardman, Listing Courtesy of Prime MLS
$435,000
● House - Off Market

23 Downes Road

Underhill, VT 05489
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,985 Ft²
$416,433
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Retreat to your own private, peaceful, 6-acre country homestead where you can garden, raise animals (including horses), tend fruit trees, and pick blueberries. Swim in your own pool or lounge on the deck. Gaze at mountain views from your 3-season porch. If you have projects in mind, there are 3 outbuildings, including a large barn/garage w/concrete floor, electricity, water, & storage on the 2nd floor. New roof in 2020. Cable internet. Hardwood & tile floors. Walkout lower level family room. Oversized, attached garage. Convenient to hiking trails, Smugglers Notch Ski Resort, Mount Mansfield State Park, and so much more!
Unit Size
1,985 Ft²
Days on Market
-
Land Size
6.00 acres
Price per sqft
$194
Property Type
House
Property Taxes
$588
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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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 #4890929)

Price History

Date / Event Date Event Price
Jan 12, 2022 Sold
Premium
Sold
Nov 17, 2021 Listed by Coldwell Banker Hickok and Boardman $385,000
Listed by Coldwell Banker Hickok and Boardman

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 261,360
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 6.00 ACRES & DWL

Neighborhood

  • School District Name: Chittenden East Supervisory Union
  • Census Tract: 002900

Geography

  • Parcel: (209) DW023
  • Municipality: UNDERHILL
  • Latitude: 44.6144
  • Longitude: -72.9065

    Address

  • Full Address: 23 Downes Rd
  • Address - House Number: 23
  • Address - Street Name: Downes
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Underhill
  • Carrier Code: R001
  • 4-Digit Zip Code: 9475
  • Zip Code: 05489

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 209

    Appraisal Valuation

  • Standard Deviation: 0.2015
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 72
  • Final Value: 507,325
  • High Value: 609,574
  • Low Value: 405,076

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $413,600
  • Assessed Land Value: $148,500
  • Assessed Improvements Value: $265,100

    Sales

  • Current Sale Contract Date: Jan 12, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 101745216
  • Previous Sale Recording Date: Jan 29, 2004
  • Previous Sale Contract Date: Jan 15, 2004
  • Previous Sale Amount: $283,000
  • 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 Chittenden

Stats & Trends

Median Asking:

$529,000

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2847 ft²

Average Home Age

50.1 years

Currently For Sale

517 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: Meg Handler, Coldwell Banker Hickok and Boardman
Last Updated Date: 2022-01-12
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4890929
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 23 Downes Road built and last sold?
The property at 23 Downes Road was built in and last sold on Jan 12, 2022 for $435,000.
How much is this home worth?
The estimated value of the home located at 23 Downes Road is $0.
What are some comparable homes to 23 Downes Road?
There are currently no comparable homes to 23 Downes Road.
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