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Washington
238 The Cove Road
Listed by: Michael Calcagni, Heney Realtors/Montpelier, Selling Office: William Raveis Barre, Listing Courtesy of Prime MLS
$105,000
● House - Off Market

238 The Cove Road

Calais, VT 05648
bedrooms
1 Bed
bathrooms
0 Bath
square feet
480 Ft²
$183,057
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

On Nelson Pond! One bedroom cottage at water's edge. Lovingly hand built in 1974, has well and septic on site. Awaiting a new owner who will restore it, and appreciate this rarely available shoreline location. Current owner has no knowledge of functionality of systems. Being sold AS IS.
Unit Size
480 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$260
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1974

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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 #4714749)

Price History

Date / Event Date Event Price
Sep 18, 2019 Sold
Premium
Sold
Aug 24, 2018 Listed by Heney Realtors/Montpelier $124,900
Listed by Heney Realtors/Montpelier

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 480
  • Building Area: 480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 480
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: LAND & CAMP

Neighborhood

  • School District Name: Washington Central Supervisory Union
  • Census Tract: 954100

Geography

  • Parcel: (037) NP0238
  • Municipality: CALAIS
  • Latitude: 44.4033
  • Longitude: -72.442

    Address

  • Full Address: 238 The Cove Rd
  • Address - House Number: 238
  • Address - Street Name: The Cove
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: East Calais
  • Zip Code: 05650

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 037

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 62
  • Final Value: 169,472
  • High Value: 200,926
  • Low Value: 138,017

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,600
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $36,600

    Sales

  • Current Sale Contract Date: Sep 18, 2019
  • Current Sale Recording Date: Oct 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1508795264
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Contract Date: May 05, 2017
  • Previous Sale Amount: $134,900
  • Previous Sale Document Type: 27
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 Washington

Stats & Trends

Median Asking:

$420,000

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2736 ft²

Average Home Age

81.2 years

Currently For Sale

286 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: Michael Calcagni, Heney Realtors/Montpelier
Last Updated Date: 2019-09-18
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4714749
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 The Cove Road built and last sold?
The property at 238 The Cove Road was built in 1974 and last sold on Sep 18, 2019 for $105,000.
How much is this home worth?
The estimated value of the home located at 238 The Cove Road is $126,800.
What are some comparable homes to 238 The Cove Road?
There are currently no comparable homes to 238 The Cove Road.
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