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Rutland 05701
56 Morse Place
Listed by: Nance McShane, Bird Real Estate, Selling Office: Century 21 Premiere Properties-Rutland, Listing Courtesy of Prime MLS
$179,500
● House - Off Market

56 Morse Place

Rutland City, VT 05701
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,200 Ft²
$268,502
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Victorian style home in turn key condition. The possibilities are many for you in this home...Well maintained and updated home offering you workmanship of long ago. Beautiful wood trim, built ins  and wood floors throughout. Living room with fire place, kitchen with island, dining room, 4 bedrooms+, 2 baths and an attic that has 2 more bedrooms started and area that could be turned into a wonderful room. Wonderful wrap around front porch, good size porch and deck in back. Above ground pool. Parking for 4+ cars.  Property on one way street. Most of windows energy efficient,fairly new roof, new Buderus furnace...close to skiing, golf, lakes region, Castleton University, St. Joseph College etc. make this your big purchase in 2019!
Unit Size
4,200 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$43
Property Type
House
Property Taxes
$302
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 #4730001)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Dec 8, 2018 Listed by Bird Real Estate $179,500
Listed by Bird Real Estate

Property Highlights

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: 8,276
  • 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: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R1
  • Legal Description 1: SINGLE FAMILY RESIDENCE

Neighborhood

  • School District Name: Rutland City School District
  • Census Tract: 963300

Geography

  • Parcel: (170) 15681
  • Municipality: RUTLAND CITY
  • Latitude: 43.6042
  • Longitude: -72.9726

    Address

  • Full Address: 56 Morse Pl
  • Address - House Number: 56
  • Address - Street Name: Morse
  • Address - Suffix Type: Pl
  • State: VT
  • City Name: Rutland
  • Carrier Code: C023
  • 4-Digit Zip Code: 5006
  • Zip Code: 05701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $99,295
  • Tax Rate Code Area: 170

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 150,119
  • High Value: 178,143
  • Low Value: 122,094

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,900
  • Assessed Land Value: $35,700
  • Assessed Improvements Value: $82,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2019
  • Current Sale Recording Date: Mar 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK2067773824
  • Previous Sale Recording Date: Jan 14, 2005
  • Previous Sale Contract Date: Jan 11, 2005
  • Previous Sale Amount: $115,000
  • 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 Rutland

Stats & Trends

Median Asking:

$287,000

Sale Price/ft²

$112

Below Asking

0.03%

Average Days on Market

80

Average Home Size

3306 ft²

Average Home Age

86.9 years

Currently For Sale

62 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: Nance McShane, Bird Real Estate
Last Updated Date: 2022-05-02
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4730001
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 56 Morse Place built and last sold?
The property at 56 Morse Place was built in and last sold on Mar 22, 2019 for $179,500.
How much is this home worth?
The estimated value of the home located at 56 Morse Place is $196,486.
What are some comparable homes to 56 Morse Place?
There are currently no comparable homes to 56 Morse Place.
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