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Chittenden 05482 Shelburne
888 Falls Road
Listed by: Jennifer Milot, Milot Real Estate, Selling Office: KW Vermont, Listing Courtesy of Prime MLS
$775,000
● House - Off Market

888 Falls Road

Shelburne, VT 05482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,750 Ft²
$1,100,626
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

A unique one-of-a-kind oasis in the heart of Shelburne Village. Upon entering this peaceful mini-estate you will find a 1880's farmhouse, expanded and fully restored by architects Selin & Selin and well-known designer Paul Budnitz in 2013. There is also a large and beautiful two-story live/work studio, heated writer's cottage or playhouse, and two-car garage. The sunny floor plan includes large open spaces for living, custom cherry kitchen that opens on to a bluestone patio, 7 skylights, 3 bedrooms and 1.5 baths. New Marvin windows, radiant heat, air conditioning, fireplace, pine & hemlock wood flooring, and much more. Beautiful gardens with raised beds, open lawn, mature maple, apple and pear trees, and spa! All walking distance from shops, restaurants, schools, Shelburne Farms, and Shelburne Beach!!
Unit Size
3,750 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$200
Property Type
House
Property Taxes
$853
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 #4753123)

Price History

Date / Event Date Event Price
Jul 23, 2019 Sold
Premium
Sold
May 18, 2019 Listed by Milot Real Estate $750,000
Listed by Milot Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 30,056
  • 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: 0000000690
  • Standard Land Use Code: 1001
  • Legal Description 1: .69A; DWL

Neighborhood

  • School District Name: Chittenden South Supervisory Union
  • Census Tract: 003401

Geography

  • Parcel: (183) 002-0888
  • Municipality: SHELBURNE
  • Latitude: 44.3702
  • Longitude: -73.2214

    Address

  • Full Address: 888 Falls Rd
  • Address - House Number: 888
  • Address - Street Name: Falls
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Shelburne
  • Carrier Code: R006
  • 4-Digit Zip Code: 7023
  • Zip Code: 05482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 77
  • Final Value: 979,684
  • High Value: 1,153,494
  • Low Value: 805,874

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $526,600
  • Assessed Land Value: $109,700
  • Assessed Improvements Value: $416,900

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 506994048
  • Previous Sale Recording Date: Dec 18, 2012
  • Previous Sale Contract Date: Dec 14, 2012
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 27
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 Shelburne

Stats & Trends

Median Asking:

$727,000

Sale Price/ft²

$263

Below Asking

0.02%

Average Days on Market

72

Average Home Size

3575 ft²

Average Home Age

41.2 years

Currently For Sale

19 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: Jennifer Milot, Milot Real Estate
Last Updated Date: 2019-11-23
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4753123
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 888 Falls Road built and last sold?
The property at 888 Falls Road was built in and last sold on Jul 23, 2019 for $775,000.
How much is this home worth?
The estimated value of the home located at 888 Falls Road is $0.
What are some comparable homes to 888 Falls Road?
There are currently no comparable homes to 888 Falls Road.
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