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Addison
934 Pearl Lee Road
Listed by: Bonnie Gridley, RE/MAX North Professionals, Middlebury, Selling Office: The Real Estate Company of Vermont, LLC, Listing Courtesy of Prime MLS
$30,000
● Land - Off Market

934 Pearl Lee Road

Ripton, VT 05766
bedrooms
Studio
bathrooms
0 Bath
$51,710
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Looking for your very own family or hunting retreat up in the Green Mountains?  If so, this .97-acre property on Pearl Lee Rd. in Ripton might be just what you have been looking for!  The property has a primitive camp with power and propane and wood heat!  The camp was historically used as a hunting camp and would be a great addition for your family or group of hunters.  With ample access to thousands of acres of Green Mountain National Forest, the possibilities to explore are endless!  Close to the Middlebury College Snow Bowl, Robert Frost Cabins and Rikert Nordic Center for X-Country skiing, the area has a lot to offer. The property has no water or septic and will need a state issued Wastewater Permit.
Unit Size
-
Days on Market
-
Land Size
0.97 acres
Price per sqft
-
Property Type
Land
Property Taxes
$55
HOA Dues
-
Year Built
1967

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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 #4933551)

Price History

Date / Event Date Event Price
Nov 1, 2022 Sold
Premium
Sold
Oct 12, 2022 Listed by RE/MAX North Professionals, Middlebury $49,000
Listed by RE/MAX North Professionals, Middlebury

Property Highlights

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • 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: 42,253
  • Total Building Area: 600
  • Building Area: 600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000970
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: 0.97 AC & CAMP

Neighborhood

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

Geography

  • Parcel: (164) 02-01-0033
  • Municipality: RIPTON
  • Latitude: 44.0255
  • Longitude: -73.0092

    Address

  • Full Address: 934 Pearl Lee Rd
  • Address - House Number: 934
  • Address - Street Name: Pearl Lee
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Ripton
  • Zip Code: 05766

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 164

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,500
  • Assessed Land Value: $13,500
  • Assessed Improvements Value: $14,000

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1590443584
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:

$470,000

Sale Price/ft²

$193

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3232 ft²

Average Home Age

71.8 years

Currently For Sale

105 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: Bonnie Gridley, RE/MAX North Professionals, Middlebury
Last Updated Date: 2022-11-02
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4933551
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 934 Pearl Lee Road built and last sold?
The property at 934 Pearl Lee Road was built in 1967 and last sold on Nov 1, 2022 for $39,000.
How much is this home worth?
The estimated value of the home located at 934 Pearl Lee Road is $0.
What are some comparable homes to 934 Pearl Lee Road?
There are currently no comparable homes to 934 Pearl Lee Road.
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