by RH Advisors
For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Rutland 05743
721 Cedar Mountain Road
Listed by: Nance McShane, Bird Real Estate, Selling Office: Gilbert Realty and Development, Listing Courtesy of Prime MLS
$250,000
● House - Off Market

721 Cedar Mountain Road

Castleton, VT 05743
bedrooms
3 Beds
bathrooms
1 Bath
square feet
840 Ft²
$371,744
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Here is the diamond in the rough property for you. 50' feet of excellent Lake Frontage on Lake Bomoseen. A gorgeous Lake view, private dock, 10 x 16 shed, on a flat double lot. Year round. The Ranch style offers you the charm of a sweet cottage. Open kitchen/living room, 3 bedrooms and an updated bathroom. This property offers you a lot of potential for adding another floor etc.. Boat to restaurants, or to play a round of golf, or to the marina for gas. Close to shopping, Castleton University, other golf courses, restaurants etc.. if you are looking for a home that can be your staycation this is it!
Unit Size
840 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$327
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1962

Payment Calculator (Computations Provided by RealtyHop)

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #4813173)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Jun 25, 2020 Listed by Bird Real Estate $275,000
Listed by Bird Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 26
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 756
  • Gross Building Area: 1,044
  • Building Area: 756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 756
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: COT/LOT; LARKIN DEV - 6; INCLUDES 345000

Neighborhood

  • School District Name: Windham Southeast Supervisory Union
  • Census Tract: 963600

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: 34-50-00004
  • Parcel: (040) 345000004
  • Municipality: CASTLETON
  • Latitude: 43.6576
  • Longitude: -73.2171

    Address

  • Full Address: 721 Cedar Mountain Rd
  • Address - House Number: 721
  • Address - Street Name: Cedar Mountain
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Castleton
  • Zip Code: 05735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $576,400
  • Tax Rate Code Area: 040

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 349,737
  • High Value: 415,026
  • Low Value: 284,447

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $273,300
  • Assessed Land Value: $232,600
  • Assessed Improvements Value: $40,700

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 14, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1620057984
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 Rutland

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$151

Below Asking

0.03%

Average Days on Market

76

Average Home Size

3048 ft²

Average Home Age

77.6 years

Currently For Sale

300 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Nance McShane, Bird Real Estate
Last Updated Date: 2020-09-12
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4813173
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 721 Cedar Mountain Road built and last sold?
The property at 721 Cedar Mountain Road was built in 1962 and last sold on Sep 11, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 721 Cedar Mountain Road is $270,491.
What are some comparable homes to 721 Cedar Mountain Road?
There are currently no comparable homes to 721 Cedar Mountain Road.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Castleton Homes for Sale
Castleton Houses for Sale
Castleton Multifamily for Sale
Castleton Land for Sale
Castleton Commercial for Sale
Castleton Homes with Basements
Castleton Homes with Pools
Castleton Homes with Parking
Nearby Cities
Rutland Homes for Sale
Fair Haven Homes for Sale
West Rutland Homes for Sale
Poultney Homes for Sale
Pittsford Homes for Sale
Benson Homes for Sale
Nearby Property Records
Rutland County, VT Property Records
Washington County, NY Property Records
Warren County, NY Property Records
Windsor County, VT Property Records
Addison County, VT Property Records
Bennington County, VT Property Records
Washington County, VT Property Records
Orange County, VT Property Records
Nearby Counties
Rutland Homes for Sale
Rutland Homes for Sale
Whitehall Homes for Sale
Poultney Homes for Sale
Pittsford Homes for Sale
Proctor Homes for Sale
Fair Haven Homes for Sale
Clarendon Homes for Sale
Top Real Estate Agents
Top Agents in Castleton
Top Agents in 05701
Top Agents in Rutland
Top Agents in Rutland
Top Agents in Rutland
Top Agents in 12887
Top Agents in Whitehall
Top Agents in 05735