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Rutland 05735
318 Rustics Road
Listed by: Susan Wylie, Lions on Main Realty, Selling Office: Gilbert Realty and Development, Listing Courtesy of Prime MLS
$320,000
● House - Off Market

318 Rustics Road

Castleton, VT 05735
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,641 Ft²
$526,235
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Beautiful chalet style home with 93' of east shore lake frontage. Open floor plan includes cathedral ceilings with floor to ceiling windows for incredible views of the lake. Hard wood floors throughout the second level bedroom and separate sleeping loft/sitting area. Main level boast spacious living and dining area leading out to attached deck with 2nd bedroom, bath and efficient kitchen. Enjoy all lakeside activities from brand new custom built dock and sitting area including gorgeous sunsets. New metal roof installed 2015.
Unit Size
1,641 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$201
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1958

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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 #4646251)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jul 7, 2017 Listed by Lions on Main Realty $330,000
Listed by Lions on Main Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 650
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 991
  • Gross Building Area: 2,456
  • Building Area: 991
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 991
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: COT/LOT

Neighborhood

  • School District Name: Addison Rutland Supervisory Union
  • Census Tract: 963600

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 20-20-00033
  • Parcel: (040) 202000033
  • Municipality: CASTLETON
  • Latitude: 43.673
  • Longitude: -73.1958

    Address

  • Full Address: 318 Rustics Rd
  • Address - House Number: 318
  • Address - Street Name: Rustics
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Castleton
  • Zip Code: 05735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $635,400
  • Tax Rate Code Area: 040

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 55
  • Final Value: 353,783
  • High Value: 432,822
  • Low Value: 274,743

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $301,300
  • Assessed Land Value: $233,800
  • Assessed Improvements Value: $67,500

    Sales

  • Current Sale Contract Date: Aug 25, 2017
  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 855881856
  • Previous Sale Recording Date: Feb 08, 2016
  • Previous Sale Contract Date: Feb 07, 2016
  • Previous Sale Document Type: 34
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 Rutland

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$151

Below Asking

0.03%

Average Days on Market

77

Average Home Size

3071 ft²

Average Home Age

77.7 years

Currently For Sale

296 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: Susan Wylie, Lions on Main Realty
Last Updated Date: 2019-05-01
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4646251
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 318 Rustics Road built and last sold?
The property at 318 Rustics Road was built in 1958 and last sold on Aug 25, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 318 Rustics Road is $0.
What are some comparable homes to 318 Rustics Road?
There are currently no comparable homes to 318 Rustics Road.
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