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Addison
509 Fort Cassin Road
Listed by: Kelly Laliberte, Wallace Realty, Selling Office: Wallace Realty, Listing Courtesy of Prime MLS
$13,000
● Mobile Manufactured - Off Market

509 Fort Cassin Road

Ferrisburgh, VT 05456
bedrooms
1 Bed
bathrooms
1 Bath
square feet
624 Ft²
$47,572
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Wildlife galore! Fix up the structure or replace. Water and electric. Quick  access to the Otter creek or Lake Champlain.  Home is being sold "as is".  Seasonal use only.  Not for year round use.  Septic does not meet current state standards for occupancy.  Buyer will want to check with town regarding legal uses of property.
Unit Size
624 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$52
Property Type
Mobile Manufactured
Property Taxes
$67
HOA Dues
-
Year Built
1966

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 #4742028)

Price History

Date / Event Date Event Price
Nov 15, 2019 Sold
Premium
Sold
Mar 26, 2019 Listed by Wallace Realty $32,500
Listed by Wallace Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • 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: 21,780
  • Total Building Area: 624
  • Building Area: 624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000500
  • Standard Land Use Code: 9212
  • County Land Use Code: 910
  • Legal Description 1: MOBILE HOME/SHED

Neighborhood

  • School District Name: Addison Northwest Supervisory Union
  • Census Tract: 960200

Geography

  • Parcel: (073) 08/01/07
  • Municipality: FERRISBURGH
  • Latitude: 44.2187
  • Longitude: -73.3129

    Address

  • Full Address: 509 Fort Cassin Rd
  • Address - House Number: 509
  • Address - Street Name: Fort Cassin
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Ferrisburgh
  • Carrier Code: R011
  • 4-Digit Zip Code: 9201
  • Zip Code: 05456

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 073

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,200
  • Assessed Land Value: $11,200
  • Assessed Improvements Value: $33,000

    Sales

  • Current Sale Contract Date: Nov 15, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1902704000
  • Previous Sale Recording Date: Jan 08, 2016
  • Previous Sale Contract Date: Jan 05, 2016
  • Previous Sale Amount: $18,000
  • 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 Addison

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

64

Average Home Size

3159 ft²

Average Home Age

69.6 years

Currently For Sale

142 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: Kelly Laliberte, Wallace Realty
Last Updated Date: 2019-11-16
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4742028
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 509 Ft Cassin Road built and last sold?
The property at 509 Ft Cassin Road was built in 1966 and last sold on Nov 15, 2019 for $13,000.
How much is this home worth?
The estimated value of the home located at 509 Ft Cassin Road is $0.
What are some comparable homes to 509 Ft Cassin Road?
There are currently no comparable homes to 509 Ft Cassin Road.
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