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Addison 05753
609 Cave Road
Listed by: Diana Lynn Harvey, Alison McCullough Real Estate, Selling Office: IPJ Real Estate, Listing Courtesy of Prime MLS
$121,000
● Land - Off Market

609 Cave Road

Weybridge, VT 05753
bedrooms
Studio
bathrooms
0 Bath
$123,108
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Located in the quaint Village of Weybridge you'll find this 11.60 acre parcel of land.  There was once a 1960's Ranch style home that burned down in January  of 2020.  Electric, septic and well are on the property but unknown as to the condition of these systems.  Rural, country setting yet only 5 minutes to the Town of Middlebury.  Build your dream home today!!
Unit Size
-
Days on Market
-
Land Size
11.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$279
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 #4944829)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Mar 7, 2023 Listed by Alison McCullough Real Estate $121,000
Listed by Alison McCullough 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: 505,296
  • 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: 0000011600
  • Standard Land Use Code: 1001
  • County Land Use Code: R2
  • Legal Description 1: LAND & HOUSE

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960400

Geography

  • Parcel: (236) 04-34.001
  • Municipality: WEYBRIDGE
  • Latitude: 44.0522
  • Longitude: -73.2023

    Address

  • Full Address: 609 Cave Rd
  • Address - House Number: 609
  • Address - Street Name: Cave
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Weybridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 9671
  • Zip Code: 05753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 236

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 63
  • Final Value: 242,018
  • High Value: 285,702
  • Low Value: 198,333

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $160,500
  • Assessed Land Value: $101,400
  • Assessed Improvements Value: $59,100

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 214109504
  • Previous Sale Recording Date: Apr 29, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $50,909
  • Previous Sale Document Type: 34
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: Diana Lynn Harvey, Alison McCullough Real Estate
Last Updated Date: 2023-04-07
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4944829
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 609 Cave Road built and last sold?
The property at 609 Cave Road was built in and last sold on Apr 7, 2023 for $115,000.
How much is this home worth?
The estimated value of the home located at 609 Cave Road is $0.
What are some comparable homes to 609 Cave Road?
There are currently no comparable homes to 609 Cave Road.
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