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Essex 05824
62 Miles
Listed by: Scott DesJardins, Better Real Estate LLP, 802-424-6691 Selling Office: Four Seasons Sotheby's Int'l Realty, Listing Courtesy of Prime MLS
$349,900
● House - Off Market

62 Miles

Concord, VT 05858
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,444 Ft²
$2,199
Est. Monthly
Unit Size
2,444 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$143
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1951

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: 9 months ago (Prime MLS #5041655)

Price History

Date / Event Date Event Price
Jun 30, 2025 Sold
Premium
Sold
May 18, 2025 Listed by Better Real Estate LLP $349,900
Listed by Better Real Estate LLP

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:

$248,500

Sale Price/ft²

$156

Below Asking

0.03%

Average Days on Market

88

Average Home Size

2248 ft²

Average Home Age

65.9 years

Currently For Sale

60 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: Scott DesJardins, Better Real Estate LLP
Last Updated Date: 2025-07-01
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 5041655
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 $0.
What are some comparable homes to 62 Miles Lane?
There are currently no comparable homes to 62 Miles Lane.
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