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Rutland 05701
47 Merida Place
Listed by: Kerry Dismuke, Ski Country Real Estate, Selling Office: Maple Sweet Real Estate, Listing Courtesy of Prime MLS
$330,000
● House - Off Market

47 Merida Place

Rutland Town, VT 05701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,551 Ft²
$380,264
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Amazing opportunity to own 14 acres of private wooded land directly on the Mendon/Rutland Town border. The land has its own beautiful cut walking trail with a pond, a brook, and sunset views! This central location is under 20 minutes away from World Class skiing/riding at Killington Resort and, under 10 minutes away to local favorite Pico Ski Area.  Also, close to V.A.S.T. snowmobile trail access, and the beautiful Chittenden Reservoir for swimming and kayaking. The property has a 3 bedroom 2 bathroom ranch and two year-round guest cottages (1 and 2 bedroom).  Enjoy deeded spring water for all 3 buildings. Benefit from the convenience of small city enjoyments alongside a multitude of outdoor activities this area has to offer. With some TLC this property has a lot to offer.
Unit Size
2,551 Ft²
Days on Market
-
Land Size
14.00 acres
Price per sqft
$127
Property Type
House
Property Taxes
$438
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
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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 #4847316)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold
Premium
Sold
Feb 13, 2021 Listed by Ski Country Real Estate $325,000
Listed by Ski Country Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 3
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 609,840
  • 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: 0000014000
  • Standard Land Use Code: 1100
  • County Land Use Code: 109
  • Legal Description 1: DWL/2 COTTAGES & 14.00 AC:

Neighborhood

  • School District Name: Rutland City School District
  • Census Tract: 962700

Geography

  • Parcel: (171) 00129-0047
  • Municipality: RUTLAND TOWN
  • Latitude: 43.6606
  • Longitude: -72.9403

    Address

  • Full Address: 47 Merida Pl
  • Address - House Number: 47
  • Address - Street Name: Merida
  • Address - Suffix Type: Pl
  • State: VT
  • City Name: Rutland
  • Carrier Code: R003
  • 4-Digit Zip Code: 4679
  • Zip Code: 05701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,300
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 171

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 434,464
  • High Value: 515,570
  • Low Value: 353,357

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $315,100
  • Assessed Land Value: $122,400
  • Assessed Improvements Value: $192,700

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1767502912
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:

$338,750

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3048 ft²

Average Home Age

79.3 years

Currently For Sale

410 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: Kerry Dismuke, Ski Country Real Estate
Last Updated Date: 2021-06-26
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4847316
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 47 Merida Place built and last sold?
The property at 47 Merida Place was built in and last sold on Jun 18, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 47 Merida Place is $0.
What are some comparable homes to 47 Merida Place?
There are currently no comparable homes to 47 Merida Place.
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