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Shelburne 05482 Shelburne
550 Falls Road
Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury, Selling Office: BHHS Vermont Realty Group/S Burlington, Listing Courtesy of Prime MLS
$278,950
● House - Off Market

550 Falls Road

Shelburne, VT 05482
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,112 Ft²
$375,287
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

A charming three bedroom 1.5 bath Cape in the heart of Shelburne. Close to to walking paths, shopping, and dining.  Enter via the quaint open living room looking into the kitchen.  The first floor houses one bedroom and the full bath, a large laundry room with space to make it your own, an additional two bedrooms and half bath are located on second floor.  The two car garage is set up with electricity and has large windows overlooking the flat spacious yard, currently used as an at home office.  The roof, boiler and hot water heater have been installed within the last four years.  Home has double pane windows and is on natural gas.
Unit Size
1,112 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$260
Property Type
House
Property Taxes
$346
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 #4826694)

Price History

Date / Event Date Event Price
Jan 25, 2021 Sold
Premium
Sold
Sep 2, 2020 Listed by RE/MAX North Professionals, Middlebury $289,000
Listed by RE/MAX North Professionals, Middlebury

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

    Dimensions

  • Lot Size Square Feet: 19,166
  • 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: 0000000440
  • Standard Land Use Code: 1001
  • Legal Description 1: .44A; DWL

Neighborhood

  • School District Name: Chittenden South Supervisory Union
  • Census Tract: 003401

Geography

  • Parcel: (183) 002-0550
  • Municipality: SHELBURNE
  • Latitude: 44.3728
  • Longitude: -73.2257

    Address

  • Full Address: 550 Falls Rd
  • Address - House Number: 550
  • Address - Street Name: Falls
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Shelburne
  • Carrier Code: R006
  • 4-Digit Zip Code: 7199
  • Zip Code: 05482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.2251
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 68
  • Final Value: 366,578
  • High Value: 449,110
  • Low Value: 284,046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $202,500
  • Assessed Land Value: $102,800
  • Assessed Improvements Value: $99,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1455808576
  • Previous Sale Recording Date: Dec 11, 2020
  • Previous Sale Contract Date: Dec 11, 2020
  • Previous Sale Amount: $202,500
  • Previous Sale Document Type: 21
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 Shelburne

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$272

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3569 ft²

Average Home Age

42.4 years

Currently For Sale

18 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: Bonnie Gridley, RE/MAX North Professionals, Middlebury
Last Updated Date: 2021-01-26
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4826694
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 550 Falls Road built and last sold?
The property at 550 Falls Road was built in and last sold on Jan 25, 2021 for $278,950.
How much is this home worth?
The estimated value of the home located at 550 Falls Road is $292,897.
What are some comparable homes to 550 Falls Road?
There are currently no comparable homes to 550 Falls Road.
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