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Franklin
8 Stable Road
Listed by: Philip Gerbode, Coldwell Banker Hickok & Boardman/St. Al, Selling Office: Your Journey Real Estate, Listing Courtesy of Prime MLS
$260,000
● House - Off Market

8 Stable Road

Fairfax, VT 05454
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$341,598
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

A rare ten acre property in Fairfax with the possibility of becoming a five lot residential subdivision. Horse lovers, build your new home and have an indoor riding ring and stables for your horses. Currently being served by a nine bedroom mound system for two three bedroom mobile homes and the main building with three bedrooms. Property has currently been used as riding stables and has two large barns.  Builders and developers this property has possibilities. Additional land locked three acre town land leased year to year. Has been used as a multiple apartment and mobile home rental. Mobile homes are currently rented.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$79
Property Type
House
Property Taxes
$528
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 #4771177)

Price History

Date / Event Date Event Price
Dec 28, 2020 Sold
Premium
Sold
Aug 16, 2019 Listed by Coldwell Banker Hickok & Boardman/St. Al $260,000
Listed by Coldwell Banker Hickok & Boardman/St. Al

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 4
  • 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: 435,600
  • 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: 0000010000
  • Standard Land Use Code: 1006
  • County Land Use Code: R2
  • Mobile Home Indicator: T
  • Legal Description 1: 2 APT/OBLD 1992MH 1989MH 10.00A

Neighborhood

  • School District Name: Franklin West Supervisory Union
  • Census Tract: 011000

Geography

  • Parcel: (068) SA0008B
  • Municipality: FAIRFAX
  • Latitude: 44.7618
  • Longitude: -73.0675

    Address

  • Full Address: 8 Stable Rd
  • Address - House Number: 8
  • Address - Street Name: Stable
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Fairfax
  • Carrier Code: R001
  • 4-Digit Zip Code: 9735
  • Zip Code: 05454

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $210,244
  • Tax Rate Code Area: 068

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 431,751
  • High Value: 512,351
  • Low Value: 351,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $303,500
  • Assessed Land Value: $107,200
  • Assessed Improvements Value: $196,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Jan 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1520172928
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 Franklin

Stats & Trends

Median Asking:

$397,000

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2813 ft²

Average Home Age

67.9 years

Currently For Sale

294 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: Philip Gerbode, Coldwell Banker Hickok & Boardman/St. Al
Last Updated Date: 2020-12-29
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4771177
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 Stable Road built and last sold?
The property at 8 Stable Road was built in and last sold on Dec 28, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 8 Stable Road is $0.
What are some comparable homes to 8 Stable Road?
There are currently no comparable homes to 8 Stable Road.
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