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Ludlow 05149
8 Andover Street
Listed by: Suzanne Garvey, Mary W. Davis Realtor & Assoc., Inc., Selling Office: Four Seasons Sotheby's Int'l Realty, Listing Courtesy of Prime MLS
$179,000
● House - Off Market

8 Andover Street

Ludlow, VT 05149
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,053 Ft²
$1,063
Est. Monthly
18.21%
Cap Rate

About This Property

Exceptional renovation opportunity in downtown Ludlow! Zoned commercial and residential. Live & work in this prime location or transform it into a rental opportunity in this resort town. With a view of Okemo mountain and the Jewel Brook it's just a stroll to the shuttle bus for skier pick up and all downtown restaurants, shops, and amenities. Embrace this opportunity to transform this property into you dreams!
Unit Size
2,053 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$87
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1890

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: 2 years ago (Prime MLS #5003927)

Price History

Date / Event Date Event Price
Jan 17, 2025 Sold
Premium
Sold
Oct 2, 2024 In contract -
In contract
Aug 23, 2024 Price Decreased $179,000
↓ $11K (5.8%)
Price Decreased
Aug 12, 2024 Price Decreased $190,000
↓ $15K (7.3%)
Price Decreased
Jul 8, 2024 Listed by Mary W. Davis Realtor & Assoc., Inc. $205,000
Listed by Mary W. Davis Realtor & Assoc., Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Business/Commerical Units Count: 3
  • 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: 2,614
  • Total Building Area: 2,262
  • Gross Building Area: 3,220
  • Building Area: 2,262
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 2,262
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000060
  • Standard Land Use Code: 2000
  • County Land Use Code: 397
  • Legal Description 1: ANDOVER STREET 8

Neighborhood

  • School District Name: Two Rivers Supervisory Union
  • Census Tract: 966300

Geography

  • Assessors Map Reference: 220442.000
  • Parcel: (112) 220442.000
  • Municipality: LUDLOW
  • Latitude: 43.3954
  • Longitude: -72.7026

    Address

  • Full Address: 8 Andover St
  • Address - House Number: 8
  • Address - Street Name: Andover
  • Address - Suffix Type: St
  • State: VT
  • City Name: Ludlow
  • Carrier Code: C002
  • 4-Digit Zip Code: 1249
  • Zip Code: 05149

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $174,200
  • Tax Rate Code Area: 112

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,000
  • Assessed Land Value: $44,300
  • Assessed Improvements Value: $48,700

    Sales

  • Current Sale Contract Date: Jun 25, 2003
  • Current Sale Recording Date: Jun 30, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 373276
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 Ludlow

Stats & Trends

Median Asking:

$512,000

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

85

Average Home Size

3780 ft²

Average Home Age

123.4 years

Currently For Sale

9 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: Suzanne Garvey, Mary W. Davis Realtor & Assoc., Inc.
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 5003927
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 8 Andover Street built and last sold?
The property at 8 Andover Street was built in 1890 and last sold on Jun 25, 2003 for $55,000.
How much is this home worth?
The estimated value of the home located at 8 Andover Street is $0.
What are some comparable homes to 8 Andover Street?
There are currently no comparable homes to 8 Andover Street.
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