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Addison 05491
6240 VT Route 22a
Listed by: Flex Realty Group, Flex Realty, Selling Office: Coldwell Banker Hickok and Boardman, Listing Courtesy of Prime MLS
$350,000
● House - Off Market

6240 VT Route 22a

Addison, VT 05491
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,692 Ft²
$396,511
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming farmhouse in a picturesque setting with breathtaking Adirondack views. This well-maintained home boasts a delightful accessory apartment, perfect for accommodating guests or generating rental income. Situated on a generous three-acre lot, the property features a plethora of mature trees, while the ample lawn space invites outdoor activities & gatherings. The property includes a spacious post and beam barn, complete with a large loft space, providing endless possibilities for storage or creative ventures. Don't miss the opportunity to own this idyllic farmhouse with a stunning backdrop and versatile living spaces. **Delayed showings until Friday 6/30**
Unit Size
2,692 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$148
Property Type
House
Property Taxes
$493
HOA Dues
-
Year Built
1880

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 #4958797)

Price History

Date / Event Date Event Price
Sep 22, 2023 Sold
Premium
Sold
Jun 26, 2023 Listed by Flex Realty $399,000
Listed by Flex Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,548
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 2,692
  • Building Area: 2,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,692
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: DWL & GAR & LAND

Neighborhood

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

Geography

  • Parcel: (001) VA6240
  • Municipality: ADDISON
  • Latitude: 44.0703
  • Longitude: -73.3046

    Address

  • Full Address: 6240 Vt Route 22a
  • Address - House Number: 6240
  • Address - Street Name: Vt Route 22a
  • State: VT
  • City Name: Vergennes
  • Carrier Code: R001
  • 4-Digit Zip Code: 8955
  • Zip Code: 05491

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,800
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1247
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 86
  • Final Value: 424,944
  • High Value: 477,958
  • Low Value: 371,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $270,500
  • Assessed Land Value: $66,300
  • Assessed Improvements Value: $204,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2023
  • Current Sale Recording Date: Oct 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 197991744
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

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Prime

Listed by: Flex Realty Group, Flex Realty
Last Updated Date: 2023-09-25
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4958797
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 6240 Vermont 22A built and last sold?
The property at 6240 Vermont 22A was built in 1880 and last sold on Sep 21, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 6240 Vermont 22A is $0.
What are some comparable homes to 6240 Vermont 22A?
There are currently no comparable homes to 6240 Vermont 22A.
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