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Chittenden
43 Timber Ridge Road
Listed by: David Raphael, Artisan Realty of Vermont, Selling Office: Flex Realty, Listing Courtesy of Prime MLS
$315,000
● House - Off Market

43 Timber Ridge Road

Underhill, VT 05489
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,472 Ft²
$1,785
Est. Monthly
8.81%
Cap Rate

About This Property

Fantastic country location offering peaceful seclusion yet close to Rt 15 and local amenities.   Walk into a large mudroom with new vinyl plank flooring and plenty of space for storage. First floor features an open floor plan with a spacious living room and kitchen.  Step outside onto a large deck with tons of backyard privacy and lots of wooded area.  Upstairs are two large bedrooms each with a spacious loft and high ceilings.   Wood floors just refinished.  Deeded access to the Timber Roidge Pond!
Unit Size
1,472 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$200
Property Type
House
Property Taxes
$336
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 #4976318)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold
Premium
Sold
Nov 1, 2023 Listed by Artisan Realty of Vermont $294,900
Listed by Artisan Realty of Vermont

Property Highlights

Fireplace
Parking Available

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: 60,984
  • 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: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 1.40 ACRES & DWL

Neighborhood

  • School District Name: Chittenden East Supervisory Union
  • Census Tract: 002900

Geography

  • Parcel: (209) TR043
  • Municipality: UNDERHILL
  • Latitude: 44.5567
  • Longitude: -72.937

    Address

  • Full Address: 43 Timber Rdg
  • Address - House Number: 43
  • Address - Street Name: Timber
  • Address - Suffix Type: Rdg
  • State: VT
  • City Name: Underhill
  • Carrier Code: R001
  • 4-Digit Zip Code: 9637
  • Zip Code: 05489

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 209

    Appraisal Valuation

  • Standard Deviation: 0.086
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 93
  • Final Value: 306,688
  • High Value: 333,079
  • Low Value: 280,296

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $238,600
  • Assessed Land Value: $98,100
  • Assessed Improvements Value: $140,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1094253888
  • Previous Sale Recording Date: Sep 09, 2010
  • Previous Sale Amount: $200,000
  • 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 Chittenden

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$224

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2861 ft²

Average Home Age

50 years

Currently For Sale

695 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: David Raphael, Artisan Realty of Vermont
Last Updated Date: 2023-12-20
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4976318
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 43 Timber Ridge Road built and last sold?
The property at 43 Timber Ridge Road was built in and last sold on Dec 20, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 43 Timber Ridge Road is $299,964.
What are some comparable homes to 43 Timber Ridge Road?
There are currently no comparable homes to 43 Timber Ridge Road.
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