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Essex 05824
62 Miles Lane
Listed by: David Stickney, Northwind Realty, Selling Office: RE/MAX All Seasons Realty - Lyndonville, Listing Courtesy of Prime MLS
$299,900
● House - Off Market

62 Miles Lane

Concord, VT 05824
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,198 Ft²
$343,218
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

In today's world its almost impossible to find a 4 season Camp/Cottage on water, well here is a very nice 4 season 4 BR Camp/Cottage that comes furnished, also included is a 16' Prince Craft Pontoon boat with a 25 horse motor and a 12' row boat.  Cottage has newer metal roof and a furnace that's only a a year old.  Camp/Cottage sits on Miles pond in Concord, pond is 1.2 miles long and approximately 60ft deep.  No jets skies allowed on the pond.
Unit Size
2,198 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$136
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1951

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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 #4871667)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jul 12, 2021 Listed by Northwind Realty $299,900
Listed by Northwind Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • 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: 10,019
  • Total Building Area: 2,198
  • Gross Building Area: 2,396
  • Building Area: 2,198
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,198
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HOUSE/SHED/LAND

Neighborhood

  • School District Name: Essex Caledonia Supervisory Union
  • Census Tract: 950500

Geography

  • Parcel: (049) 236930062
  • Municipality: CONCORD
  • Latitude: 44.4498
  • Longitude: -71.8132

    Address

  • Full Address: 62 Miles Ln
  • Address - House Number: 62
  • Address - Street Name: Miles
  • Address - Suffix Type: Ln
  • State: VT
  • City Name: Concord
  • Zip Code: 05824

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $417,200

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 70
  • Final Value: 198,456
  • High Value: 227,284
  • Low Value: 169,627

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $177,000
  • Assessed Land Value: $91,500
  • Assessed Improvements Value: $85,500

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1274104896
  • Previous Sale Recording Date: Oct 21, 2002
  • Previous Sale Contract Date: Oct 18, 2002
  • Previous Sale Amount: $64,000
  • 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 Essex

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

68

Average Home Size

2254 ft²

Average Home Age

64.9 years

Currently For Sale

73 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

Currently no nearby rentals
Prime

Listed by: David Stickney, Northwind Realty
Last Updated Date: 2021-08-27
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4871667
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 62 Miles Lane built and last sold?
The property at 62 Miles Lane was built in 1951 and last sold on Aug 27, 2021 for $299,900.
How much is this home worth?
The estimated value of the home located at 62 Miles Lane is $302,607.
What are some comparable homes to 62 Miles Lane?
There are currently no comparable homes to 62 Miles Lane.
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