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Addison
2744 Watch Point Road
Listed by: Nancy Foster, Champlain Valley Properties, Selling Office: The Real Estate Company of Vermont, LLC, Listing Courtesy of Prime MLS
$465,000
● House - Off Market

2744 Watch Point Road

Shoreham, VT 05770
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,960 Ft²
$2,909
Est. Monthly
5.25%
Cap Rate

About This Property

This nicely sited spacious ranch has so much to offer.  Many recent updates include 3 new bathrooms, new heating system, new flooring--the list goes on and on.  The 10-acre lot has frontage on Lake Champlain and beautiful views of the Adirondacks. The sunsets are fabulous!  There is a sweet auxilary living unit on the lower level with its own kitchen, bath and outside patio.  A huge 36' x 52' detached garage not only stores your vehicles, but also provides excellent workshop and storage space.  This property has so much to offer!
Unit Size
2,960 Ft²
Days on Market
-
Land Size
10.80 acres
Price per sqft
$162
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1999

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 #4970492)

Price History

Date / Event Date Event Price
Jun 4, 2024 Sold
Premium
Sold
Sep 17, 2023 Listed by Champlain Valley Properties $479,500
Listed by Champlain Valley Properties

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 470,448
  • Total Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 10.8 A & DWL

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960900

Geography

  • Parcel: (186) 08-01-03.021
  • Municipality: SHOREHAM
  • Latitude: 43.8907
  • Longitude: -73.3721

    Address

  • Full Address: 2744 Watch Point Rd
  • Address - House Number: 2744
  • Address - Street Name: Watch Point
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Shoreham
  • Carrier Code: R021
  • 4-Digit Zip Code: 9803
  • Zip Code: 05770

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $609,400
  • Tax Rate Code Area: 186

    Appraisal Valuation

  • Standard Deviation: 0.1158
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 87
  • Final Value: 450,962
  • High Value: 503,225
  • Low Value: 398,699

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $276,000
  • Assessed Land Value: $95,200
  • Assessed Improvements Value: $180,800

    Sales

  • Current Sale Contract Date: Sep 25, 2015
  • Current Sale Recording Date: Oct 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201510087575728047
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:

$450,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3196 ft²

Average Home Age

68 years

Currently For Sale

143 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: Nancy Foster, Champlain Valley Properties
Last Updated Date: 2024-06-04
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4970492
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 2744 Watch Point Road built and last sold?
The property at 2744 Watch Point Road was built in 1999 and last sold on Sep 25, 2015 for $275,000.
How much is this home worth?
The estimated value of the home located at 2744 Watch Point Road is $0.
What are some comparable homes to 2744 Watch Point Road?
There are currently no comparable homes to 2744 Watch Point Road.
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