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Franklin
533 Patton Shore Road
Listed by: Margo Sherwood, Sherwood Real Estate, Selling Office: Sherwood Real Estate, Listing Courtesy of Prime MLS
$158,000
● House - Off Market

533 Patton Shore Road

Franklin, VT 05457
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,182 Ft²
$278,512
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

A great escape retreat on OWNED Land (which is unusual to find as most camps are in rented land }. Nice landscaped set back from road very private, quiet spot . incredible shore land with its own boat dock , Patton Shore is the cleanest water on the lake. nice cozy wood paneling in the camp. It has its own drilled well and a new 1000 gallon septic system , possibility it could be used full time if the town would permit it. The road is privately kept with the owners donating what they wish to its upkeep usually $50 to $100 , This was 2 separate lots combined and beautifully landscaped into one. great storage shed. owner heats it for lake fishing and hunting in November. Handicap accessible ramp on the front porch.
Unit Size
1,182 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$140
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1973

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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 #4438965)

Price History

Date / Event Date Event Price
Aug 5, 2016 Sold
Premium
Sold
Jul 17, 2015 Listed by Sherwood Real Estate $164,900
Listed by Sherwood Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 8,712
  • Total Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,182
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: OLD CAMP # 60

Neighborhood

  • School District Name: Franklin Central Supervisory Union
  • Census Tract: 010102

Geography

  • Parcel: (075) 00220
  • Municipality: FRANKLIN
  • Latitude: 44.983
  • Longitude: -72.8777

    Address

  • Full Address: 533 Patton Shore Rd
  • Address - House Number: 533
  • Address - Street Name: Patton Shore
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Franklin
  • Zip Code: 05457

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $269,000
  • Tax Rate Code Area: 075

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 185,748
  • High Value: 220,423
  • Low Value: 151,072

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,500
  • Assessed Land Value: $91,800
  • Assessed Improvements Value: $40,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2016
  • Current Sale Recording Date: Aug 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201608221122160041
  • Previous Sale Recording Date: Aug 21, 2007
  • Previous Sale Contract Date: Aug 17, 2007
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: 36
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 Franklin

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$167

Below Asking

0.03%

Average Days on Market

73

Average Home Size

2788 ft²

Average Home Age

69.1 years

Currently For Sale

301 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: Margo Sherwood, Sherwood Real Estate
Last Updated Date: 2016-09-20
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4438965
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 533 Patton Shore Road built and last sold?
The property at 533 Patton Shore Road was built in 1973 and last sold on Aug 5, 2016 for $158,000.
How much is this home worth?
The estimated value of the home located at 533 Patton Shore Road is $0.
What are some comparable homes to 533 Patton Shore Road?
There are currently no comparable homes to 533 Patton Shore Road.
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