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Caledonia
238 S. Ridge Road
Listed by: Russell Ingalls, RE/MAX All Seasons Realty - Lyndonville, Selling Office: StoneCrest Properties, LLC2, Listing Courtesy of Prime MLS
$365,000
● Land - Off Market

238 S. Ridge Road

Sutton, VT 05867
bedrooms
Studio
bathrooms
0 Bath
$357,884
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Here is the parcel of land that everyone is looking for. This is what Vermont is! 137 acres with awesome views of Burke Mountain and beyond! Approximately 25 acres is beautiful open fields and the rest wooded. There is a sugar bush that the owner estimates that there are 2000 taps. There is a sizable workshop  but the home is a complete tear down and should not be entered. The taxes are manageable as the property is enrolled it the States Current Use program. Parcels of this acreage is getting harder to find, especially one as nice as this one.
Unit Size
-
Days on Market
-
Land Size
137.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1875

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 #4960701)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
Jul 9, 2023 Listed by RE/MAX All Seasons Realty - Lyndonville $359,900
Listed by RE/MAX All Seasons Realty - Lyndonville

Property Highlights

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 3
  • Basement Area: 1,155
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,967,720
  • Total Building Area: 1,863
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000137000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: LAND & DWELLING

Neighborhood

  • School District Name: Caledonia North Supervisory Union
  • Census Tract: 957000

Geography

  • Assessors Map Reference: 13
  • Parcel: (200) 044-0238
  • Municipality: SUTTON
  • Latitude: 44.6046
  • Longitude: -72.0167

    Address

  • Full Address: 238 S Ridge Rd
  • Address - House Number: 238
  • Street Direction: S
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Sutton
  • Carrier Code: R011
  • 4-Digit Zip Code: 9659
  • Zip Code: 05867

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $434,000
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1174
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 87
  • Final Value: 369,207
  • High Value: 412,577
  • Low Value: 325,837

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $222,100
  • Assessed Land Value: $160,500
  • Assessed Improvements Value: $61,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Sep 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 150678848
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 Caledonia

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$145

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2973 ft²

Average Home Age

94.2 years

Currently For Sale

192 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: Russell Ingalls, RE/MAX All Seasons Realty - Lyndonville
Last Updated Date: 2023-08-17
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4960701
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 238 South Ridge Road built and last sold?
The property at 238 South Ridge Road was built in 1875 and last sold on Aug 17, 2023 for $365,000.
How much is this home worth?
The estimated value of the home located at 238 South Ridge Road is $0.
What are some comparable homes to 238 South Ridge Road?
There are currently no comparable homes to 238 South Ridge Road.
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