Listed by: Joshua Lemieux, Remax Summit, Selling Office: BHHS Vermont Realty Group/Vergennes, Listing Courtesy of Prime MLS
$170,000
●
House -
Off Market
8 Wallace Avenue
Rutland City, VT 05701
3 Beds
1 Bath
1,800 Ft²
$249,900
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
Here is another great house in a great city neighborhood. This
1900's gem has all the original appeal yet it has been completely
refreshed. On the exterior you will notice the new vinyl siding,
new roof, a new 20' x 12' deck and a entirely renovated front
porch. On the inside you will find pristine hardwood floors, a
fireplace, and an abundance of historic charm. The renovations have
continued and the kitchen has been enlarged and now includes a
breakfast bar with seating. The dining room has also gone under
construction and the rear wall has been removed. The removal of
this wall makes the main floor more of an open-concept and creates
a great space for entertaining. Both inside and out. If you are in
the market for a delightful turn-key home then this one is for you.
Welcome home!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$94
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
-
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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 #4729943)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Four Seasons Sotheby's Int'l Realty | $209,000 | |
| Listed by Four Seasons Sotheby's Int'l Realty | |||
| | |||
|
This 1900’s gem has all the original appeal but has been refreshed throughout. Vinyl Siding, roof, front porch and deck have all been updated. On the inside you will find pristine hardwood floors, an electric fireplace, and an abundance of historic charm. The main floor is airy and highlights the living/dining space and eat in kitchen with a butcher block breakfast bar. From the kitchen, the deck overlooks the back yard and garden, also providing an additional carport to the 1-car garage. If you are in the market for a delightful turn-key home then this one is for you. Welcome home!
| |||
| Jun 26, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2018 | Listed by Remax Summit | $170,000 | |
| Listed by Remax Summit | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
Beds
Baths
ft²
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HOA + Taxes
About Rutland
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Listed by: Joshua Lemieux, Remax Summit
Last Updated Date: 2020-07-01
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4729943
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.
Last Updated Date: 2020-07-01
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4729943
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