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Orleans
8348 VT Route 111
Listed by: Joan Poutre, RE/MAX All Seasons Realty, Selling Office: Century 21 Farm & Forest/Burke, Listing Courtesy of Prime MLS
$175,000
● House - Off Market

8348 VT Route 111

Morgan, VT 05853
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,836 Ft²
$236,429
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Sun Filled Bi Level Ranch in the heart of Morgan, Vermont home of Pristine Lake Seymour. Come home to this spacious 4 bedroom, 2 bath warm and inviting haven. Comfortable living from the lower level family room to the generous back deck.  The grounds are well landscaped with 1.76 acres of Vermont views and special areas to relax. Attached over sized 2 car garage with breeze way to the side entrance.  Outbuilding for storage or projects. ATV/VASA trails, Seymour beach and fishing access close by. Accessible to Jay Peak and Burke Mountain.
Unit Size
1,836 Ft²
Days on Market
-
Land Size
1.76 acres
Price per sqft
$95
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4811224)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Jun 16, 2020 Listed by RE/MAX All Seasons Realty $174,900
Listed by RE/MAX All Seasons Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,288
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,666
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001760
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HOUSE-OUTBUILDING- ACRE

Neighborhood

  • School District Name: North Country Supervisory Union
  • Census Tract: 951100

Geography

  • Parcel: (128) 900-834820
  • Municipality: MORGAN
  • Latitude: 44.9131
  • Longitude: -72.013

    Address

  • Full Address: 8348 Vt Rte 111
  • Address - House Number: 8348
  • Address - Street Name: Vt Rte 111
  • State: VT
  • City Name: Morgan
  • Zip Code: 05853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $247,836
  • Tax Rate Code Area: 128

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 200,860
  • High Value: 238,357
  • Low Value: 163,362

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $161,100
  • Assessed Land Value: $27,600
  • Assessed Improvements Value: $133,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1757409152
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 Orleans

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$138

Below Asking

0.02%

Average Days on Market

76

Average Home Size

3286 ft²

Average Home Age

66.3 years

Currently For Sale

145 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: Joan Poutre, RE/MAX All Seasons Realty
Last Updated Date: 2020-11-30
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4811224
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 8348 Vermont Route 111 built and last sold?
The property at 8348 Vermont Route 111 was built in 1976 and last sold on Sep 28, 2020 for $175,000.
How much is this home worth?
The estimated value of the home located at 8348 Vermont Route 111 is $180,875.
What are some comparable homes to 8348 Vermont Route 111?
There are currently no comparable homes to 8348 Vermont Route 111.
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