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Essex
98 Thomas Road
Listed by: David Stickney, RE/MAX Northern Edge, Selling Office: Northwind Realty, Listing Courtesy of Prime MLS
$45,000
● Land - Off Market

98 Thomas Road

Lunenburg, VT 05906
bedrooms
Studio
bathrooms
0 Bath
$68,350
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

30.5 ACRES privately located with easy access with road  frontage on the Thomas Road, which is a Town maintained road off the Baptist Hill Road in Lunenburg. This property has not been cut for 25 + years, some mixed growth of hard and softwood , and plenty of firewood. This is not view land, but does have potential with some clearing. It is attractive and secluded and offers a number of good sites for a camp or remote home off the grid. It sits among hundreds of acres of private lands with Direct access to snow machine trails, cross country skiing and more.  This property does have a dilapidated camp on site, which is not livable. This property is being sold "as is" as seen.
Unit Size
-
Days on Market
-
Land Size
30.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$96
HOA Dues
-
Year Built
-

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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 #4812484)

Price History

Date / Event Date Event Price
Aug 14, 2020 Sold
Premium
Sold
Jun 23, 2020 Listed by RE/MAX Northern Edge $49,900
Listed by RE/MAX Northern Edge

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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: 1,328,580
  • 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: 0000030500
  • Standard Land Use Code: 1012
  • County Land Use Code: S2
  • Legal Description 1: LAND & CAMP

Neighborhood

  • School District Name: Essex Caledonia Supervisory Union
  • Census Tract: 950500

Geography

  • Parcel: (113) 031003.000
  • Municipality: LUNENBURG
  • Latitude: 44.4346
  • Longitude: -71.7276

    Address

  • Full Address: 98 Thomas Rd
  • Address - House Number: 98
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Lunenburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 9794
  • Zip Code: 05906

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $121,300
  • Tax Rate Code Area: 113

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Jul 06, 2022
  • Confidence Score: 85
  • Final Value: 46,338
  • High Value: 52,285
  • Low Value: 40,392

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $53,200
  • Assessed Land Value: $44,500
  • Assessed Improvements Value: $8,700

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1516186688
  • Previous Sale Recording Date: Sep 11, 2020
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $45,000
  • 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 Essex

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

68

Average Home Size

2254 ft²

Average Home Age

64.9 years

Currently For Sale

73 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: David Stickney, RE/MAX Northern Edge
Last Updated Date: 2020-08-14
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 4812484
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 98 Thomas Road built and last sold?
The property at 98 Thomas Road was built in and last sold on Sep 16, 2021 for $35,000.
How much is this home worth?
The estimated value of the home located at 98 Thomas Road is $0.
What are some comparable homes to 98 Thomas Road?
There are currently no comparable homes to 98 Thomas Road.
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