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Addison
244 North Road
Listed by: Jennifer Milot, Milot Real Estate, Selling Office: BHHS Vermont Realty Group/Vergennes, Listing Courtesy of Prime MLS
$552,000
● House - Off Market

244 North Road

Ferrisburgh, VT 05473
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,842 Ft²
$529,994
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Once you discover the community at Long Point you will never want to leave.  This year round property has direct access to 85 feet of lake frontage on a protected bay.  Enjoy beautiful sunrises over Mount Philo.  This is a perfect spot for swimming, fishing and boating! Don't miss out on this opportunity to have your slice of heaven on Lake Champlain. 30 minutes to Burlington and Middlebury.  10 minutes to Vergennes.
Unit Size
1,842 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$286
Property Type
House
Property Taxes
$516
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 #4906037)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Apr 20, 2022 Listed by Milot Real Estate $525,900
Listed by Milot Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5
  • Floor Count: 150
  • 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: 436
  • Total Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000010
  • Standard Land Use Code: 1000
  • County Land Use Code: 000
  • Legal Description 1: CAMP/SHED/LEASED LAKE LOT

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960200

Geography

  • Parcel: (073) 99/99/99.111
  • Municipality: FERRISBURGH
  • Latitude: 44.2561
  • Longitude: -73.2822

    Address

  • Full Address: 244 North Rd
  • Address - House Number: 244
  • Address - Street Name: North
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: North Ferrisburgh
  • Zip Code: 05473

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $591,100
  • Tax Rate Code Area: 073

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 382,549
  • High Value: 453,964
  • Low Value: 311,133

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $313,900
  • Assessed Land Value: $241,500
  • Assessed Improvements Value: $72,400

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 213587520
  • Previous Sale Recording Date: Nov 24, 2021
  • Previous Sale Contract Date: Nov 15, 2021
  • Previous Sale Amount: $420,000
  • 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 Addison

Stats & Trends

Median Asking:

$470,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3179 ft²

Average Home Age

67.8 years

Currently For Sale

113 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: Jennifer Milot, Milot Real Estate
Last Updated Date: 2022-05-25
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4906037
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 244 North Road built and last sold?
The property at 244 North Road was built in and last sold on May 20, 2022 for $552,000.
How much is this home worth?
The estimated value of the home located at 244 North Road is $0.
What are some comparable homes to 244 North Road?
There are currently no comparable homes to 244 North Road.
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