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Washington 05602
979 US RT 2
Listed by: Joni Gaines, New England Landmark Realty, LTD, Selling Office: Heney Realtors/Montpelier, Listing Courtesy of Prime MLS
$382,000
● House - Off Market

979 US RT 2

Middlesex, VT 05602
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,840 Ft²
$945,441
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model

About This Property

Lovely open 3 br, 2.5 bath home on 15 acres with 1500 feet of Winooski River frontage including a private beach. Unique gorgeous setting with barn and pasture for horses. Convenient location in Middlesex Village close to I89 providing easy commuting to Burlington or Montpelier. This special property is located at the crossroads for VT recreation. Commercial/ Home business opportunity does exist.
Unit Size
2,840 Ft²
Days on Market
-
Land Size
15.00 acres
Price per sqft
$171
Property Type
House
Property Taxes
$680
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 #4139368)

Price History

Date / Event Date Event Price
Dec 9, 2013 Sold
Premium
Sold
Mar 9, 2012 Listed by New England Landmark Realty, LTD $485,000
Listed by New England Landmark Realty, LTD

Property Highlights

Fireplace
Garage

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: 657,756
  • 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: 0000015100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 15.1 ACRES DWL & OBLDGS

Neighborhood

  • School District Name: Washington Central Supervisory Union
  • Census Tract: 954200

Geography

  • Assessors Map Reference: Feb 09, 2012
  • Parcel: (121) US002-036000
  • Municipality: MIDDLESEX
  • Latitude: 44.295
  • Longitude: -72.6863

    Address

  • Full Address: 979 Us Route 2
  • Address - House Number: 979
  • Address - Street Name: Us Route 2
  • State: VT
  • City Name: Montpelier
  • Carrier Code: R003
  • 4-Digit Zip Code: 8874
  • Zip Code: 05602

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 121

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 398,673
  • High Value: 473,098
  • Low Value: 324,247

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $398,500
  • Assessed Land Value: $108,400
  • Assessed Improvements Value: $290,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2016
  • Current Sale Recording Date: May 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201605187575886052
  • Previous Sale Recording Date: Dec 11, 2013
  • Previous Sale Contract Date: Dec 09, 2013
  • Previous Sale Amount: $382,000
  • 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 Washington

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

67

Average Home Size

2803 ft²

Average Home Age

79.2 years

Currently For Sale

346 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: Joni Gaines, New England Landmark Realty, LTD
Last Updated Date: 2023-12-09
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4139368
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 979 U.S. 2 built and last sold?
The property at 979 U.S. 2 was built in and last sold on May 12, 2016 for $35,000.
How much is this home worth?
The estimated value of the home located at 979 U.S. 2 is $0.
What are some comparable homes to 979 U.S. 2?
There are currently no comparable homes to 979 U.S. 2.
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