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Franklin 05476
2991 Corliss Road
Listed by: Tami Lantz, Sherwood Real Estate, Selling Office: Sherwood Real Estate, Listing Courtesy of Prime MLS
$66,522
● Land - Off Market

2991 Corliss Road

Richford, VT 05476
bedrooms
Studio
bathrooms
0 Bath
$75,607
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Majestic 10 acre lot of land on a country road in Northern VT. Wastewater permit in place for a 3 bedroom home along with septic designs and site plan. Beautiful location, off the beaten path, on a town maintained road. Mostly wooded landscape with out-of-this-world mountain views. Across the road is the river, bringing in wildlife and serenity. There's a driveway, foundation with frost wall, and electrical to the site in place, which was meant to hold a small cottage with a garage and living quarters above. Your dream cabin in the woods is already half complete. Multiple streams on the lot contribute to abundant deer and small game. Come manifest those dreams at this green paradise! Bring your RV and connect to power for the 3-seasons. Beautiful location for hunting, hiking, and fishing.
Unit Size
-
Days on Market
-
Land Size
10.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
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 #4876560)

Price History

Date / Event Date Event Price
Jan 12, 2022 Sold
Premium
Sold
Aug 5, 2021 Listed by Sherwood Real Estate $69,900
Listed by Sherwood Real Estate

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 448,668
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010300
  • Standard Land Use Code: 0027
  • County Land Use Code: M
  • Legal Description 1: LAND

Neighborhood

  • School District Name: Richford School District
  • Census Tract: 010300

Geography

  • Parcel: (162) CL2991
  • Municipality: RICHFORD
  • Latitude: 45.0102
  • Longitude: -72.5974

    Address

  • Full Address: 2991 Corliss Rd
  • Address - House Number: 2991
  • Address - Street Name: Corliss
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Richford
  • Zip Code: 05476

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 162

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 58,006
  • High Value: 68,834
  • Low Value: 47,177

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,400
  • Assessed Land Value: $36,400
  • Assessed Improvements Value: $3,000

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1462899264
  • Previous Sale Recording Date: May 31, 2007
  • Previous Sale Contract Date: May 30, 2007
  • Previous Sale Amount: $33,000
  • 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 Franklin

Stats & Trends

Median Asking:

$397,000

Sale Price/ft²

$167

Below Asking

0.03%

Average Days on Market

82

Average Home Size

2820 ft²

Average Home Age

67.1 years

Currently For Sale

234 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: Tami Lantz, Sherwood Real Estate
Last Updated Date: 2022-01-12
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4876560
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 2991 Corliss Road built and last sold?
The property at 2991 Corliss Road was built in and last sold on Dec 30, 2021 for $66,523.
How much is this home worth?
The estimated value of the home located at 2991 Corliss Road is $0.
What are some comparable homes to 2991 Corliss Road?
There are currently no comparable homes to 2991 Corliss Road.
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