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Fairlee 05045
50 Pierson Drive
Listed by: Susanne Pacilio, Martha E. Diebold/Hanover, Selling Office: Snyder Donegan Real Estate Group, Listing Courtesy of Prime MLS
$475,000
● House - Off Market

50 Pierson Drive

Fairlee, VT 05045
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,681 Ft²
$480,506
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This 3 bedroom 2.5 bath home has been meticulously maintained and is move in ready. With many recent improvements and upgrades, this home features a lovely kitchen with newer stainless steel appliances, kitchen island, large master bedroom suite with incredible closet space, stone hearth and maple built-ins in the living room, pleasant office space, craft and workshop space in the lower level plus and oversized and heated 2 car garage with attached lean-to. Large deck and covered porch. Level lot is perfect for gardening and outdoor fun. Pretty outlook on surrounding meadows. All this on over an acre and a two minute drive to I91.
Unit Size
2,681 Ft²
Days on Market
-
Land Size
1.24 acres
Price per sqft
$177
Property Type
House
Property Taxes
$507
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 #4897339)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
Feb 8, 2022 Listed by Martha E. Diebold/Hanover $475,000
Listed by Martha E. Diebold/Hanover

Property Highlights

Garage

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: 10
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,014
  • 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: 0000001240
  • Standard Land Use Code: 1001
  • County Land Use Code: R1
  • Legal Description 1: 1.24 AC & DWL/GARAGE 50' ROW S/S

Neighborhood

  • School District Name: Rivendell Interstate School District
  • Census Tract: 959700

Geography

  • Assessors Map Reference: 0000803010.200
  • Parcel: (071) 0000803010200
  • Municipality: FAIRLEE
  • Latitude: 43.8981
  • Longitude: -72.1602

    Address

  • Full Address: 50 Pierson Dr
  • Address - House Number: 50
  • Address - Street Name: Pierson
  • Address - Suffix Type: Dr
  • State: VT
  • City Name: Fairlee
  • Carrier Code: R001
  • 4-Digit Zip Code: 9622
  • Zip Code: 05045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 071

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 358,407
  • High Value: 425,315
  • Low Value: 291,498

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $257,800
  • Assessed Land Value: $47,700
  • Assessed Improvements Value: $210,100

    Sales

  • Current Sale Contract Date: Jun 24, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1833006656
  • Previous Sale Recording Date: May 25, 2012
  • Previous Sale Contract Date: May 04, 2012
  • Previous Sale Amount: $90,000
  • 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 Fairlee

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$102

Above Asking

0.00%

Average Days on Market

98

Average Home Size

1932 ft²

Average Home Age

93.5 years

Currently For Sale

2 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: Susanne Pacilio, Martha E. Diebold/Hanover
Last Updated Date: 2022-06-28
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4897339
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 50 Pierson Drive built and last sold?
The property at 50 Pierson Drive was built in and last sold on Jun 24, 2022 for $475,000.
How much is this home worth?
The estimated value of the home located at 50 Pierson Drive is $479,750.
What are some comparable homes to 50 Pierson Drive?
There are currently no comparable homes to 50 Pierson Drive.
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