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Lamoille 05464
59 Iris Lane
Listed by: Jill Richardson, RE/MAX North Professionals, Jeffersonville, Selling Office: RE/MAX North Professionals, Jeffersonville, Listing Courtesy of Prime MLS
$106,000
● Land - Off Market

59 Iris Lane

Cambridge, VT 05464
bedrooms
Studio
bathrooms
0 Bath
$129,645
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Building Lot available for residential or commercial potential! History of Land Use Act 250 permits and State WWP as well. Views of Smugglers Notch Madonna Mountain! Located in the Route 108 South scenic corridor with mixed use development encouraged.
Unit Size
-
Days on Market
-
Land Size
1.82 acres
Price per sqft
-
Property Type
Land
Property Taxes
$140
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

Purchase Price
Monthly Property Taxes
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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 #4901705)

Price History

Date / Event Date Event Price
Jul 3, 2023 Sold
Premium
Sold
Mar 18, 2022 Listed by RE/MAX North Professionals, Jeffersonville $130,000
Listed by RE/MAX North Professionals, Jeffersonville

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: 79,279
  • Lot Size Frontage Feet: 0
  • 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: V
  • Land Acres: 0000001820
  • Standard Land Use Code: 8001
  • County Land Use Code: 130
  • Legal Description 1: LAND LOT A1

Neighborhood

  • Census Tract: 953100

Geography

  • Parcel: (038) S108021-01000
  • Municipality: CAMBRIDGE
  • Latitude: 44.6247
  • Longitude: -72.8281

    Address

  • Full Address: 59 Iris Ln
  • Address - House Number: 59
  • Address - Street Name: Iris
  • Address - Suffix Type: Ln
  • State: VT
  • City Name: Jeffersonville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9514
  • Zip Code: 05464

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $167,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,100
  • Assessed Land Value: $76,100

    Sales

  • Current Sale Contract Date: Jul 03, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 454552896
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 Lamoille

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$278

Below Asking

0.02%

Average Days on Market

75

Average Home Size

3537 ft²

Average Home Age

57.5 years

Currently For Sale

242 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: Jill Richardson, RE/MAX North Professionals, Jeffersonville
Last Updated Date: 2023-07-05
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4901705
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 59 Iris Lane built and last sold?
The property at 59 Iris Lane was built in and last sold on Jul 3, 2023 for $106,000.
How much is this home worth?
The estimated value of the home located at 59 Iris Lane is $131,300.
What are some comparable homes to 59 Iris Lane?
There are currently no comparable homes to 59 Iris Lane.
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