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Washington
2878 German Flats Road
Listed by: Lisa Jenison, Sugarbush Real Estate, Selling Office: birch+pine Real Estate Company, Listing Courtesy of Prime MLS
$385,500
● House - Off Market

2878 German Flats Road

Warren, VT 05674
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,568 Ft²
$2,175
Est. Monthly
9.75%
Cap Rate

About This Property

This comfortable four bedroom, two bath chalet is just minutes away from your choice of mountains for skiing as well as the Sugarbush Golf Course, multiple mountain bike and walking trails and the best summer Farmers Market that can't be missed. The location of this home is fantastic-mid way between Lincoln Peak at Sugarbush and Sugarbush North with Mad River Glen just a 10 minute drive away. Our free winter ski shuttle can be picked at the end of the driveway and later deliver you back home!
Unit Size
1,568 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$223
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1964

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 #4980782)

Price History

Date / Event Date Event Price
Jan 23, 2024 Sold
Premium
Sold
Dec 26, 2023 Listed by Sugarbush Real Estate $350,000
Listed by Sugarbush Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 992
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 992
  • Building Area: 992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 1 ACRE & DWL:

Neighborhood

  • School District Name: Washington West Supervisory Union
  • Census Tract: 955600

Geography

  • Assessors Map Reference: 14
  • Parcel: (219) 0060029
  • Municipality: WARREN
  • Latitude: 44.1538
  • Longitude: -72.8804

    Address

  • Full Address: 2878 German Flats Rd
  • Address - House Number: 2878
  • Address - Street Name: German Flats
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Warren
  • Carrier Code: R001
  • 4-Digit Zip Code: 9767
  • Zip Code: 05674

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $397,000
  • Tax Rate Code Area: 219

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 57
  • Final Value: 436,275
  • High Value: 529,657
  • Low Value: 342,892

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $231,200
  • Assessed Land Value: $108,000
  • Assessed Improvements Value: $123,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 23, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 579019584
  • Previous Sale Recording Date: Jan 05, 2004
  • Previous Sale Contract Date: Jan 05, 2004
  • Previous Sale Amount: $104,000
  • Previous Sale Document Type: 36
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:

$400,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

67

Average Home Size

2803 ft²

Average Home Age

79.2 years

Currently For Sale

346 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: Lisa Jenison, Sugarbush Real Estate
Last Updated Date: 2024-01-23
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4980782
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 2878 German Flats Road built and last sold?
The property at 2878 German Flats Road was built in 1964 and last sold on Jan 23, 2024 for $385,500.
How much is this home worth?
The estimated value of the home located at 2878 German Flats Road is $0.
What are some comparable homes to 2878 German Flats Road?
There are currently no comparable homes to 2878 German Flats Road.
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