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Addison 05443
88 Martell Road
Listed by: Kelly Laliberte, Wallace Realty, Selling Office: Wallace Realty, Listing Courtesy of Prime MLS
$133,000
● House - Off Market

88 Martell Road

Lincoln, VT 05443
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,484 Ft²
$188,687
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

A great view of Mount Abraham! This livable home would love your personal touches. New siding and some trim. Solid built just needs some finishing work.
Unit Size
1,484 Ft²
Days on Market
-
Land Size
1.80 acres
Price per sqft
$87
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1992

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 #4764840)

Price History

Date / Event Date Event Price
Jan 31, 2020 Sold
Premium
Sold
Jul 15, 2019 Listed by Wallace Realty $129,500
Listed by Wallace Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Total Building Area: 1,306
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001800
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 1.8 ACRES AND DWELLING

Neighborhood

  • School District Name: Addison Northeast Supervisory Union
  • Census Tract: 960600

Geography

  • Parcel: (109) 15040153100
  • Municipality: LINCOLN
  • Latitude: 44.1322
  • Longitude: -72.9857

    Address

  • Full Address: 88 Martell Rd
  • Address - House Number: 88
  • Address - Street Name: Martell
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 9803
  • Zip Code: 05443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $275,200
  • Tax Rate Code Area: 109

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 144,760
  • High Value: 171,784
  • Low Value: 117,735

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,000
  • Assessed Land Value: $42,700
  • Assessed Improvements Value: $80,300

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 292414336
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 Addison

Stats & Trends

Median Asking:

$472,450

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3188 ft²

Average Home Age

67.7 years

Currently For Sale

101 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

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Prime

Listed by: Kelly Laliberte, Wallace Realty
Last Updated Date: 2020-02-01
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4764840
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 88 Martell Road built and last sold?
The property at 88 Martell Road was built in 1992 and last sold on Jan 31, 2020 for $133,000.
How much is this home worth?
The estimated value of the home located at 88 Martell Road is $0.
What are some comparable homes to 88 Martell Road?
There are currently no comparable homes to 88 Martell Road.
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