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Springfield 05156
361 Summer Street
Listed by: Julie Buffum, Buffum Realty, Selling Office: Buffum Realty, Listing Courtesy of Prime MLS
$210,000
● House - Off Market

361 Summer Street

Springfield, VT 05156
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,728 Ft²
$255,351
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

LOCATION-SPACE-OPPORTUNITY!  Spacious home with 3BR/2BA, large living/dining area, fireplace, deck, large 2 story barn and more.  Situated on a secluded lot, walk-out basement with room for family room with fireplace if you choose, the two story barn would make a great space for workshop, home business, indoor play space and the lower floor with 3 overhead doors allows storage for all your toys.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$133
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1962

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 #4868938)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Jun 25, 2021 Listed by Buffum Realty $229,000
Listed by Buffum Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,728
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,728
  • Gross Building Area: 5,056
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: LAND AND DWELLING

Neighborhood

  • School District Name: Springfield School District
  • Census Tract: 966700

Geography

  • Parcel: (190) 031/1/01
  • Municipality: SPRINGFIELD
  • Latitude: 43.2913
  • Longitude: -72.4671

    Address

  • Full Address: 361 Summer St
  • Address - House Number: 361
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: VT
  • City Name: Springfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2834
  • Zip Code: 05156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $116,063
  • Tax Rate Code Area: 190

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 59
  • Final Value: 231,448
  • High Value: 278,206
  • Low Value: 184,689

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $184,600
  • Assessed Land Value: $32,200
  • Assessed Improvements Value: $152,400

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 572873792
  • Previous Sale Recording Date: Jul 31, 2008
  • Previous Sale Contract Date: Jul 30, 2008
  • Previous Sale Amount: $197,500
  • 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 Springfield

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$92

Below Asking

0.04%

Average Days on Market

80

Average Home Size

3271 ft²

Average Home Age

94.9 years

Currently For Sale

14 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: Julie Buffum, Buffum Realty
Last Updated Date: 2021-11-02
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4868938
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 361 Summer Street built and last sold?
The property at 361 Summer Street was built in 1962 and last sold on Oct 29, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 361 Summer Street is $0.
What are some comparable homes to 361 Summer Street?
There are currently no comparable homes to 361 Summer Street.
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