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Rutland 05701
23 Freeman Avenue
Listed by: Kristin Martelle, Watson Realty & Associates, Selling Office: Killington Pico Realty, Listing Courtesy of Prime MLS
$195,000
● House - Off Market

23 Freeman Avenue

Rutland City, VT 05701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,339 Ft²
$224,648
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Come view this rare city find! This three bedroom home sits on one acre of land on a dead end street! Updates include: replacement windows, electric, renovated bath, oil tank to code, back deck and roof! The back barn includes water and electricity. Possible subdivision, if desired. The charm of yesteryear abounds with hardwood flooring and tin ceiling but contemporary conveniences are also present. The cozy pellet stove, under cabinet lighting and money-saving solar panels are just a few! 18 years remaining on solar lease with a performance guarantee; seller saves about $60 p/m on electric.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$143
Property Type
House
Property Taxes
$281
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 #4852426)

Price History

Date / Event Date Event Price
Jun 15, 2021 Sold
Premium
Sold
Mar 25, 2021 Listed by Watson Realty & Associates $192,000
Listed by Watson Realty & Associates

Property Highlights

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: 43,560
  • 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: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: R1
  • Legal Description 1: SINGLE FAMILY RESIDENCE

Neighborhood

  • School District Name: Rutland City School District
  • Census Tract: 963300

Geography

  • Parcel: (170) 11856
  • Municipality: RUTLAND CITY
  • Latitude: 43.6012
  • Longitude: -72.9533

    Address

  • Full Address: 23 Freeman Ave
  • Address - House Number: 23
  • Address - Street Name: Freeman
  • Address - Suffix Type: Ave
  • State: VT
  • City Name: Rutland
  • Carrier Code: C015
  • 4-Digit Zip Code: 4609
  • Zip Code: 05701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $86,022
  • Tax Rate Code Area: 170

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 124,547
  • High Value: 147,797
  • Low Value: 101,296

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,700
  • Assessed Land Value: $48,400
  • Assessed Improvements Value: $53,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1355912256
  • Previous Sale Recording Date: Aug 28, 2006
  • Previous Sale Contract Date: Aug 03, 2006
  • Previous Sale Amount: $142,500
  • 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 Rutland

Stats & Trends

Median Asking:

$286,450

Sale Price/ft²

$112

Below Asking

0.03%

Average Days on Market

80

Average Home Size

3323 ft²

Average Home Age

86.8 years

Currently For Sale

61 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: Kristin Martelle, Watson Realty & Associates
Last Updated Date: 2021-06-16
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4852426
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 Freeman Avenue built and last sold?
The property at 23 Freeman Avenue was built in and last sold on Jun 15, 2021 for $195,000.
How much is this home worth?
The estimated value of the home located at 23 Freeman Avenue is $0.
What are some comparable homes to 23 Freeman Avenue?
There are currently no comparable homes to 23 Freeman Avenue.
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