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Rutland 05735
56 Rice Willis Road
Listed by: Lisa Forster, Realty One Group Lakes & Homes, Selling Office: Westside Real Estate, Listing Courtesy of Prime MLS
$175,000
● House - Off Market

56 Rice Willis Road

Castleton, VT 05735
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,650 Ft²
$262,460
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

1800's Farmhouse completely remodeled in 2003. Three bedrooms and two full baths.  1.2 fenced acres with pasture, above ground pool and remodeled 3 bay barn/garage.  New life time architectural shingle roof in 2010.  Ready to move in and make your own.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$108
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1800

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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 #4720975)

Price History

Date / Event Date Event Price
Aug 28, 2019 Sold
Premium
Sold
Sep 28, 2018 Listed by Realty One Group Lakes & Homes $179,000
Listed by Realty One Group Lakes & Homes

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 396
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,425
  • Gross Building Area: 2,200
  • Building Area: 1,425
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,425
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HSE/OB/1.2 ACRES; RICE WILLIS RD

Neighborhood

  • School District Name: Addison Rutland Supervisory Union
  • Census Tract: 963600

Zoning

  • Zoning: R4

Geography

  • Parcel: (040) 080100042.2
  • Municipality: CASTLETON
  • Latitude: 43.594
  • Longitude: -73.2105

    Address

  • Full Address: 56 Rice Willis Rd
  • Address - House Number: 56
  • Address - Street Name: Rice Willis
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Castleton
  • Carrier Code: R012
  • 4-Digit Zip Code: 9583
  • Zip Code: 05735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $321,400
  • Tax Rate Code Area: 040

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 229,102
  • High Value: 271,871
  • Low Value: 186,332

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $152,400
  • Assessed Land Value: $45,600
  • Assessed Improvements Value: $106,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 28, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: DK1990853504
  • Previous Sale Recording Date: Sep 01, 2004
  • Previous Sale Contract Date: Aug 31, 2004
  • Previous Sale Amount: $174,900
  • 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:

$339,000

Sale Price/ft²

$149

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3061 ft²

Average Home Age

79.2 years

Currently For Sale

404 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: Lisa Forster, Realty One Group Lakes & Homes
Last Updated Date: 2019-10-10
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4720975
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 Rice Willis Road built and last sold?
The property at 56 Rice Willis Road was built in 1800 and last sold on Aug 28, 2019 for $175,000.
How much is this home worth?
The estimated value of the home located at 56 Rice Willis Road is $0.
What are some comparable homes to 56 Rice Willis Road?
There are currently no comparable homes to 56 Rice Willis Road.
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