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Morrisville 05661
355 Jersey Way
Listed by: Nancy Durand, Pall Spera Company Realtors-Morrisville, Selling Office: Mink Realty, Listing Courtesy of Prime MLS
$135,000
● House - Off Market

355 Jersey Way

Morristown, VT 05661
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$239,605
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Affordable in Jersey Heights! 3 bedroom ranch at a great price with large lot. Possible further subdivision into two lots.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$135
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1993

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 #4431870)

Price History

Date / Event Date Event Price
Aug 31, 2015 Sold
Premium
Sold
Jun 19, 2015 Listed by Pall Spera Company Realtors-Morrisville $135,000
Listed by Pall Spera Company Realtors-Morrisville

Property Highlights

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,008
  • 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: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,008
  • 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 AC & DWL

Neighborhood

  • School District Name: Lamoille South Supervisory Union
  • Census Tract: 953500

Geography

  • Parcel: (129) 25054
  • Municipality: MORRISTOWN
  • Latitude: 44.5533
  • Longitude: -72.6033

    Address

  • Full Address: 355 Jersey Way
  • Address - House Number: 355
  • Address - Street Name: Jersey
  • Address - Suffix Type: Way
  • State: VT
  • City Name: Morrisville
  • Carrier Code: R001
  • 4-Digit Zip Code: 8379
  • Zip Code: 05661

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $421,800
  • Tax Rate Code Area: 129

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 55
  • Final Value: 262,271
  • High Value: 321,075
  • Low Value: 203,466

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,400
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $110,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1155977600
  • Previous Sale Recording Date: Aug 31, 2015
  • Previous Sale Contract Date: Aug 31, 2015
  • Previous Sale Amount: $135,000
  • 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 Morrisville

Stats & Trends

Median Asking:

$397,000

Sale Price/ft²

$172

Below Asking

0.04%

Average Days on Market

90

Average Home Size

3179 ft²

Average Home Age

115.1 years

Currently For Sale

13 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: Nancy Durand, Pall Spera Company Realtors-Morrisville
Last Updated Date: 2016-09-20
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4431870
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 355 Jersey Way built and last sold?
The property at 355 Jersey Way was built in 1993 and last sold on Nov 16, 2018 for $179,000.
How much is this home worth?
The estimated value of the home located at 355 Jersey Way is $137,807.
What are some comparable homes to 355 Jersey Way?
There are currently no comparable homes to 355 Jersey Way.
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