by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Franklin
540 Patton Shore Road
Listed by: Margo Sherwood, Sherwood Real Estate, Selling Office: Sherwood Real Estate, Listing Courtesy of Prime MLS
$108,500
● House - Off Market

540 Patton Shore Road

Franklin, VT 05457
bedrooms
3 Beds
bathrooms
1 Bath
square feet
896 Ft²
$188,996
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Park Like setting!A very private "Shangra La" Shared 30 foot ROW to Lake with wood dock to set your boat into the lake. Very tastefully decorated most furnishings included in sale except a few personal items will be removed. 3 bedrooms 1 bathroom on double lot Bungalow is in excellent shape with new drilled well and utility room and shed. Beautifully landscaped with perennial beds,bushes,flowers even has a blueberry bush! 2 exterior decks and 1 screened-in porch. Handcrafted wood bridge leads to an outdoor stone BBQ.pit!! Exceptionally large lot! Lots of new updates ! Great place to relax with deeded lake front allows you to sit and enjoy the peaceful lake.lease is $400 a year for 100 yrs.
Unit Size
896 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$125
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1965

Payment Calculator (Computations Provided by RealtyHop)

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #4339213)

Price History

Date / Event Date Event Price
Aug 12, 2016 Sold
Premium
Sold
Mar 1, 2014 Listed by Sherwood Real Estate $111,900
Listed by Sherwood Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • 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: 15,246
  • Total Building Area: 896
  • Building Area: 896
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 896
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: CAMP 62B

Neighborhood

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

Geography

  • Parcel: (075) 00221
  • Municipality: FRANKLIN
  • Latitude: 44.9837
  • Longitude: -72.8781

    Address

  • Full Address: 540 Patton Shore Rd
  • Address - House Number: 540
  • Address - Street Name: Patton Shore
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Franklin
  • Carrier Code: R011
  • 4-Digit Zip Code: 4441
  • Zip Code: 05457

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $246,400
  • Tax Rate Code Area: 075

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 178,370
  • High Value: 211,668
  • Low Value: 145,071

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $121,400
  • Assessed Land Value: $64,200
  • Assessed Improvements Value: $57,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 12, 2016
  • Current Sale Recording Date: Aug 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201608317575961033
  • Previous Sale Recording Date: Jul 27, 2001
  • Previous Sale Contract Date: Jun 28, 2001
  • Previous Sale Amount: $28,500
  • Previous Sale Document Type: 45
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

0.02%

Average Days on Market

73

Average Home Size

2793 ft²

Average Home Age

68.4 years

Currently For Sale

299 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Margo Sherwood, Sherwood Real Estate
Last Updated Date: 2016-09-20
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4339213
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 540 Patton Shore Road built and last sold?
The property at 540 Patton Shore Road was built in 1965 and last sold on Aug 12, 2016 for $108,500.
How much is this home worth?
The estimated value of the home located at 540 Patton Shore Road is $0.
What are some comparable homes to 540 Patton Shore Road?
There are currently no comparable homes to 540 Patton Shore Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Franklin Homes for Sale
Franklin Houses for Sale
Franklin Land for Sale
Franklin Homes with Basements
Franklin Homes with Pools
Franklin Homes with Parking
Franklin Homes with Garages
Franklin Homes with a View
Nearby Cities
Swanton Homes for Sale
Richford Homes for Sale
Enosburg Falls Homes for Sale
Nearby Property Records
Franklin County, VT Property Records
Grand Isle County, VT Property Records
Lamoille County, VT Property Records
Orleans County, VT Property Records
Clinton County, NY Property Records
Chittenden County, VT Property Records
Caledonia County, VT Property Records
Washington County, VT Property Records
Nearby Counties
Swanton Homes for Sale
Highgate Homes for Sale
Enosburg Homes for Sale
Sheldon Homes for Sale
Berkshire Homes for Sale
Top Real Estate Agents
Top Agents in Franklin
Top Agents in 05488
Top Agents in Swanton
Top Agents in 05450
Top Agents in 05476
Top Agents in Highgate
Top Agents in Enosburg
Top Agents in Swanton