$655,000
SOLD NOV 15, 2013

53 Gatehouse Hill Dr Cambridge, VT 05444

11 Beds
3 Baths
4,328 Sq Ft
12 Acres

Recently Sold

$151 Per Sq Ft

1% Above List Price

41 Days on Market

Highlights

  • Ski Accessible
  • In Ground Pool
  • Deck
  • Tennis Courts
  • Mountain View
  • Wood Flooring

About This Home

As of August 2020

This could be a double your money type investment. The property, once leased should be able to generate a 10% annualized return. Further, the property is 12 acres subdivided into 7 lots (each almost 2 acres). Start building and selling (or renting) similar duplexes, or sell the lots. There are endless combinations to make money on your investment... call for more details.

Co-Listed By

Pall Spera

Pall Spera Company Realtors-Stowe

Last Buyer's Agent

Nick Lizotte

Vermont Realty Services LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,026

Year Built

  • Built in 1978

Lot Details

  • 12 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vertical Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Deck

Utilities

  • Baseboard Heating
  • Underground Utilities
  • Drilled Well
  • Electric Water Heater
  • Shared Sewer
  • Leach Field

Community Details

Recreation

  • Ski Accessible

Additional Features

  • 3 Units
  • Gross Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,026

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Assessment Amount: 786100
  • Assessment Year: 2012
  • Construction: Existing
  • Total Stories: 2
  • Property Type: Multi-Family
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Concrete, Finished, Full
  • Sq Ft - Apx Finished AG: 3328
  • Sq Ft - Apx Finished BG: 1000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vertical
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Cul-de-Sac, Gravel, Private
  • Roof: Shingle - Architectural
  • Features Exterior: Deck, Hot Tub, Pool - In Ground, Tennis Court

Garage/Parking

  • Garage Capacity: 2
  • Parking: Parking Spaces 2
  • Garage Type: Detached
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Leach Field, Shared
  • Water: Drilled Well
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Baseboard
  • Separate Utilities: Varies
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Amenities: Exercise Facility, Sauna

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Cambridge Elementary
  • High School: Lamoille UHSD #18

Lot Info

  • Lot Sq Ft: 522720
  • Lot Acres: 12
  • Lot Description: Country Setting, Landscaped, Mountain View, Ski Area
  • Surveyed: Yes
  • Zoning: unknown
  • Assessor Parcel Number: 123-038-12051

Multi Family

  • Gross Income: 84000
  • Total Full Baths: 10
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 15025.52
  • Tax Year: 2013

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $240,000 +0.4% $123 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $239,000 -4.0% $123 / Sq Ft
01/08/2020 01/08/20 For Sale $249,000 -62.0% $128 / Sq Ft
11/15/2013 11/15/13 Sold $655,000 +0.8% $151 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $650,000 -- $150 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 4259690

PrimeMLS