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Orange 05045
523 Ely Road
Listed by: Lochrane Gary, BHHS Verani Upper Valley, Selling Office: BHHS Verani Upper Valley, Listing Courtesy of Prime MLS
$315,000
● House - Off Market

523 Ely Road

Thetford, VT 05045
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,260 Ft²
$339,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

A quaint 1900's schoolhouse in a country setting on a long private road. This 3-bedroom and 2-bathroom home is a repurposed schoolhouse from the Village of Ely.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$269
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1815

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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 #4976338)

Price History

Date / Event Date Event Price
Nov 1, 2023 Listed by BHHS Verani Upper Valley $339,000
Listed by BHHS Verani Upper Valley

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1815
  • Effective Year Built: 1815
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,000
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: LAND & BUILDINGS

Neighborhood

  • School District Name: Orange East Supervisory Union
  • Census Tract: 959600

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: MAP 7
  • Parcel: (202) 0T001509
  • Municipality: THETFORD
  • Latitude: 43.8673
  • Longitude: -72.1811

    Address

  • Full Address: 523 Ely Rd
  • Address - House Number: 523
  • Address - Street Name: Ely
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Fairlee
  • Carrier Code: R001
  • 4-Digit Zip Code: 9790
  • Zip Code: 05045

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $471,324
  • Tax Rate Code Area: 202

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 264,359
  • High Value: 313,710
  • Low Value: 215,007

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $183,960
  • Assessed Land Value: $65,630
  • Assessed Improvements Value: $118,330

    Sales

  • Current Sale Contract Date: Jan 05, 2018
  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 160100992
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 Orange

Stats & Trends

Median Asking:

$378,000

Sale Price/ft²

$153

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2930 ft²

Average Home Age

81.9 years

Currently For Sale

109 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: Lochrane Gary, BHHS Verani Upper Valley
Last Updated Date: 2023-11-01
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4976338
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 523 Ely Road built and last sold?
The property at 523 Ely Road was built in 1815 and last sold on Jan 5, 2018 for $225,000.
How much is this home worth?
The estimated value of the home located at 523 Ely Road is $335,694.
What are some comparable homes to 523 Ely Road?
There are currently no comparable homes to 523 Ely Road.
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