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South Burlington 05403 South Burlington North
7 Patrick Street
Listed by: Eileen ORourke, Coldwell Banker Hickok and Boardman, Selling Office: KW Vermont, Listing Courtesy of Prime MLS
$265,000
● House - Off Market

7 Patrick Street

South Burlington, VT 05403
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,091 Ft²
$256,974
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

South Burlington neighborhood off Airport Drive. This home has 3 bedrooms, 1 full bath, eat-in-kitchen, and living room. The attached one-car garage provides access to the mudroom/laundry area and the backyard! Off the laundry area is a family room/office overlooking a private backyard. The home is in close proximity to Burlington International Airport, University of Vermont Medical Center, I-89, shopping, restaurants, schools, and much more.
Unit Size
1,091 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$232
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1960

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 #4904199)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Coldwell Banker Hickok and Boardman $253,500
Listed by Coldwell Banker Hickok and Boardman

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,091
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: .24A; DWL

Neighborhood

  • School District Name: South Burlington School District
  • Census Tract: 004002

Geography

  • Parcel: (188) 1300-00007
  • Municipality: SOUTH BURLINGTON
  • Latitude: 44.4674
  • Longitude: -73.1576

    Address

  • Full Address: 7 Patrick St
  • Address - House Number: 7
  • Address - Street Name: Patrick
  • Address - Suffix Type: St
  • State: VT
  • City Name: South Burlington
  • Carrier Code: C052
  • 4-Digit Zip Code: 6453
  • Zip Code: 05403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $161,909
  • Tax Rate Code Area: 188

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 64
  • Final Value: 349,861
  • High Value: 438,006
  • Low Value: 261,717

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $253,300
  • Assessed Land Value: $77,600
  • Assessed Improvements Value: $175,700

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK2048927296
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 South Burlington North

Stats & Trends

Median Asking:

$399,450

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2049 ft²

Average Home Age

36.3 years

Currently For Sale

29 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

Unit for rent at 99 Eldredge, South Burlington, 05403

$2,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,152 ft²
99 Eldredge, South Burlington, 05403 Listing by Yana Walder
Unit for rent at 101 Eldredge, South Burlington, 05403

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,237 ft²
101 Eldredge, South Burlington, 05403 Listing by Yana Walder

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Eileen ORourke, Coldwell Banker Hickok and Boardman
Last Updated Date: 2022-04-29
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4904199
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 7 Patrick Street built and last sold?
The property at 7 Patrick Street was built in 1960 and last sold on Apr 29, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 7 Patrick Street is $0.
What are some comparable homes to 7 Patrick Street?
There are currently no comparable homes to 7 Patrick Street.
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