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Middlebury 05753
26 Gorham Lane
Listed by: Elizabeth Marino, BHHS Vermont Realty Group/Middlebury, Selling Office: Killington Pico Realty, Listing Courtesy of Prime MLS
$400,000
● House - Off Market

26 Gorham Lane

Middlebury, VT 05753
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,167 Ft²
$397,505
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

This home is in one of the most desirable locations in Middlebury! Close to town and Middlebury College, restaurants, theaters, libraries and schools!  This comfortable three bedroom home has a large three season porch, a spacious fenced in yard, and a classic red standing seam roof! The current owner added an exterior door to one of the bedrooms which makes it perfect for a home office.  Live in it as it is or add your own touches and upgrades to make this home a showstopper! Come check it out at the open house on Saturday 6/17 from 11-1!
Unit Size
1,167 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$343
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
1971

Payment Calculator (Computations Provided by RealtyHop)

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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 #4957071)

Price History

Date / Event Date Event Price
Sep 6, 2023 Sold
Premium
Sold
Jun 14, 2023 Listed by BHHS Vermont Realty Group/Middlebury $400,000
Listed by BHHS Vermont Realty Group/Middlebury

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,167
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 1,167
  • Building Area: 1,167
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,167
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: .54 AC & DWL

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960800

Geography

  • Parcel: (120) 023046.000
  • Municipality: MIDDLEBURY
  • Latitude: 44.016
  • Longitude: -73.1815

    Address

  • Full Address: 26 Gorham Ln
  • Address - House Number: 26
  • Address - Street Name: Gorham
  • Address - Suffix Type: Ln
  • State: VT
  • City Name: Middlebury
  • Carrier Code: C001
  • 4-Digit Zip Code: 1001
  • Zip Code: 05753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,500
  • Tax Rate Code Area: 120

    Appraisal Valuation

  • Standard Deviation: 0.1247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 86
  • Final Value: 417,736
  • High Value: 469,851
  • Low Value: 365,621

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $258,900
  • Assessed Land Value: $107,800
  • Assessed Improvements Value: $151,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 938614080
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Contract Date: May 13, 2016
  • Previous Sale Amount: $220,000
  • 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 Middlebury

Stats & Trends

Median Asking:

$466,250

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

82

Average Home Size

2341 ft²

Average Home Age

46.2 years

Currently For Sale

10 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: Elizabeth Marino, BHHS Vermont Realty Group/Middlebury
Last Updated Date: 2023-09-07
Last Checked: 3 hours ago
Data Source: Prime MLS, MLS# 4957071
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 26 Gorham Lane built and last sold?
The property at 26 Gorham Lane was built in 1971 and last sold on Sep 6, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 26 Gorham Lane is $396,186.
What are some comparable homes to 26 Gorham Lane?
There are currently no comparable homes to 26 Gorham Lane.
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