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Addison 05753
635 Clark Road
Listed by: Sarah Peluso, IPJ Real Estate, Selling Office: Champlain Valley Properties, Listing Courtesy of Prime MLS
$320,000
● Land - Off Market

635 Clark Road

Cornwall, VT 05753
bedrooms
Studio
bathrooms
0 Bath
$298,295
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Just under 100 acres of farmland, ready for you to utilize for your agricultural needs! The VT Land Trust has a conservation easement on this property, so no residential dwellings can be built on the property. The Sellers have installed two coverall barns, with power and frost free hydrants at both structures. A concrete barnyard and feed alley was constructed in 2018, and a pond with pump was also installed. Water is piped over the entire property, and the perimeter is fence with 4- strand high tensile fencing. A three acre training yard is fenced with woven wire. A well is partially drilled, ready for you to finish! Beautiful open land for farming, trails and recreation. Just a few miles to downtown Middlebury!
Unit Size
-
Days on Market
-
Land Size
97.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$58
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 #4943452)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Feb 17, 2023 Listed by IPJ Real Estate $296,000
Listed by IPJ Real Estate

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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: 4,234,032
  • 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: R
  • Land Acres: 0000097200
  • Standard Land Use Code: 1008
  • County Land Use Code: 017
  • Legal Description 1: LAND & FARM BLG

Neighborhood

  • School District Name: Addison Central Supervisory Union
  • Census Tract: 960800

Geography

  • Parcel: (051) 080354
  • Municipality: CORNWALL
  • Latitude: 43.9427
  • Longitude: -73.2278

    Address

  • Full Address: 635 Clark Rd
  • Address - House Number: 635
  • Address - Street Name: Clark
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Cornwall
  • Zip Code: 05753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $360,800

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 62
  • Final Value: 297,814
  • High Value: 354,072
  • Low Value: 241,555

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $176,800
  • Assessed Land Value: $123,600
  • Assessed Improvements Value: $53,200

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 888755520
  • Previous Sale Recording Date: Feb 11, 2009
  • Previous Sale Contract Date: Feb 06, 2009
  • Previous Sale Amount: $100,900
  • 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 Addison

Stats & Trends

Median Asking:

$472,450

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3220 ft²

Average Home Age

69.5 years

Currently For Sale

112 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: Sarah Peluso, IPJ Real Estate
Last Updated Date: 2023-05-26
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4943452
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 635 Clark Road built and last sold?
The property at 635 Clark Road was built in and last sold on May 26, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 635 Clark Road is $0.
What are some comparable homes to 635 Clark Road?
There are currently no comparable homes to 635 Clark Road.
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