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Addison 05753
568 Lemon Fair Road
Listed by: Jeff Olson, Addison County Real Estate, Selling Office: The Real Estate Company of Vermont, LLC, Listing Courtesy of Prime MLS
$300,000
● House - Off Market

568 Lemon Fair Road

Cornwall, VT 05753
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,402 Ft²
$399,821
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

GREAT CORNWALL HOME ON QUIET ROAD 5 MINUTES INTO TOWN! You will love the convenience of this 3-bedroom, 2-bath home on a bucolic Cornwall road close to Middlebury and its famed college. Best, the home comes with an expansive 2-acre lot with tons of room for games, fun, parties, and more. The large garage and basement will provide plenty of space for your goods, vehicles, and firewood. Oh, and did we mention the hot tub and inground pool?
Unit Size
1,402 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$213
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1970

Payment Calculator (Computations Provided by RealtyHop)

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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 #4826150)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Sep 1, 2020 Listed by Addison County Real Estate $299,000
Listed by Addison County Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,432
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 88,427
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002030
  • Standard Land Use Code: 1001
  • County Land Use Code: 117
  • Legal Description 1: DWL & LAND

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960900

Geography

  • Parcel: (051) 020103
  • Municipality: CORNWALL
  • Latitude: 44.0131
  • Longitude: -73.22

    Address

  • Full Address: 568 Lemon Fair Rd
  • Address - House Number: 568
  • Address - Street Name: Lemon Fair
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Cornwall
  • Carrier Code: R001
  • 4-Digit Zip Code: 9226
  • Zip Code: 05753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $462,900

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 321,329
  • High Value: 381,315
  • Low Value: 261,342

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $226,800
  • Assessed Land Value: $94,000
  • Assessed Improvements Value: $132,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 319389568
  • Previous Sale Recording Date: Jun 24, 2003
  • Previous Sale Contract Date: Jun 20, 2003
  • Previous Sale Amount: $181,500
  • 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 Addison

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

63

Average Home Size

3196 ft²

Average Home Age

68 years

Currently For Sale

143 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

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Prime

Listed by: Jeff Olson, Addison County Real Estate
Last Updated Date: 2020-10-30
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4826150
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 568 Lemon Fair Road built and last sold?
The property at 568 Lemon Fair Road was built in 1970 and last sold on Oct 30, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 568 Lemon Fair Road is $0.
What are some comparable homes to 568 Lemon Fair Road?
There are currently no comparable homes to 568 Lemon Fair Road.
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