Listed by: Nancy Foster, RE/MAX North Professionals, Middlebury, Selling Office: Champlain Valley Properties, Listing Courtesy of Prime MLS
$210,000
●
House -
Off Market
406 South Bingham Street
Cornwall, VT 05753
4 Beds
1 Bath
1,940 Ft²
$374,217
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
This very well-priced property has a beautiful 2-acre lot nicely
sited for fabulous sunsets! There are 2 separate living units on
this property with 2 septic systems, as well as a larger barn and a
spacious 2-car garage. One of the dwellings is rented - it pays the
taxes on the entire property with money left over for other items!
The cape has been nicely updated with a large living room on the
back, as well as a 2-year-old roof on part of the house and other
nice features. Square footage does not include mobile home, which
is an additional 924 sq. ft.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
2.18 acres
Price per sqft
$111
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1939
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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 #4399428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Jun 28, 2022 | Listed by RE/MAX North Professionals, Middlebury | $374,900 | |
| Listed by RE/MAX North Professionals, Middlebury | |||
| | |||
|
Location, Location, Location! S. Bingham St. in Cornwall! This 1930's 4BR, 2 bath home is loaded with charm and warmth. The main house features a wonderfully large glassed-in Porch/Family room with stone hearth and wood stove, a downstairs bedroom with a roll-in shower and not to mention, a Mobile home that can be rented or used for multigenerational living. Step out on the 1.6 plus acres and enjoy the beautiful mature trees including Butternut, Cherry, Birch and River Birch, roses, rhubarb and raised beds. To top it off, there is a Barn with a Greenhouse and a heated 2-car garage. So many opportunities. Don't miss out on this special property!
| |||
| Mar 18, 2016 | Sold | ||
| Sold | |||
| Jan 15, 2015 | Listed by RE/MAX North Professionals, Middlebury | $215,000 | |
| Listed by RE/MAX North Professionals, Middlebury | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Addison
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Listed by: Nancy Foster, RE/MAX North Professionals, Middlebury
Last Updated Date: 2016-09-20
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4399428
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.
Last Updated Date: 2016-09-20
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4399428
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