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Rutland 05735
447 Ledgemere Point Drive
Listed by: Wenda Bird, Bird Real Estate, Selling Office: Gilbert Realty and Development, Listing Courtesy of Prime MLS
$200,000
● House - Off Market

447 Ledgemere Point Drive

Hubbardton, VT 05732
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,434 Ft²
$340,796
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Quiet end of Lake Bomoseen with 85 ft frontage. Peaceful surroundings with vista's of the National Forest and Awesome sunsets.  Furnished 2 bedroom chalet with cathedral ceilings on .34 Acre +/- .  Electric heat with Vermont Castings Vigilant Woodstove. Charming open design with an additional enclosed porch over looking the lake.  Disclosure -  The deck is unsafe, please do not walk on it!!!  Additional  un-buildable lot available.
Unit Size
1,434 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$157
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1986

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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 #4703226)

Price History

Date / Event Date Event Price
Oct 14, 2018 Sold
Premium
Sold
Jun 25, 2018 Listed by Bird Real Estate $225,000
Listed by Bird Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 0.34A; DWL

Neighborhood

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

Geography

  • Assessors Map Reference: 8/38
  • Parcel: (095) 08/038
  • Municipality: HUBBARDTON
  • Latitude: 43.6838
  • Longitude: -73.1944

    Address

  • Full Address: 447 Ledgemere Pt
  • Address - House Number: 447
  • Address - Street Name: Ledgemere
  • Address - Suffix Type: Pt
  • State: VT
  • City Name: Castleton
  • Zip Code: 05735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $516,900
  • Tax Rate Code Area: 095

    Appraisal Valuation

  • Standard Deviation: 0.2211
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 55
  • Final Value: 253,877
  • High Value: 310,031
  • Low Value: 197,722

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $212,900
  • Assessed Land Value: $115,300
  • Assessed Improvements Value: $97,600

    Sales

  • Current Sale Contract Date: Oct 15, 2018
  • Current Sale Recording Date: Oct 18, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 395456896
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:

$339,000

Sale Price/ft²

$149

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3067 ft²

Average Home Age

79 years

Currently For Sale

405 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: Wenda Bird, Bird Real Estate
Last Updated Date: 2018-10-17
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4703226
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 447 Ledgemere Point built and last sold?
The property at 447 Ledgemere Point was built in 1986 and last sold on Oct 15, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 447 Ledgemere Point is $0.
What are some comparable homes to 447 Ledgemere Point?
There are currently no comparable homes to 447 Ledgemere Point.
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