Over a 10% cap rate on this 18 units with 31 bedrooms! The five buildings sit on 2.05 acres. Most of the units have been completely gutted and redone with all new electrical, plumbing, flooring, kitchens & baths.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 2
Living Area: 10,746 SqFt
Listing Office:
Office Name: Chad Dion Real Estate
Office Phone: (802) 318-1599
Listing Agent: Chad Dion
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Garage Space: 2 spaces
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 2.05 Acres
Utilities
Utilities Information:
Heating: Baseboard, Electric, Hot Water, Zoned
Cooling: None
School Info
Assigned Schools Information:
Milton Senior High School, Public District Grades 9-12
Milton Middle School, Public District Grades 6-8
Milton Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $2,500,000
Price Per SqFt: $233/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Milton, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/5/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$12.5K
Per Month
Principal & Interest
$12.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,562
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Milton Elementary School
42 Herrick Ave
Distance between this listing and this school1.49 miles
Public District Grades PK-5
Middle School
5
/10
Milton Middle School
17 Rebecca Lander Dr
Distance between this listing and this school1.03 miles
Public District Grades 6-8
High School
7
/10
Milton Senior High School
17 Rebecca Lander Dr
Distance between this listing and this school1.03 miles
Public District Grades 9-12
Assigned Schools
4
/10
Milton Elementary School
42 Herrick Ave
Distance between this listing and this school1.49 miles
Public District Grades PK-5
Nearby Schools
5
/10
Malletts Bay School
Blakely Rd
Distance between this listing and this school6.92 miles
Public District Grades 3-5
2
/10
J. F. Kennedy Elementary School
70 Normand St
Distance between this listing and this school8.96 miles
Public District Grades PK-5
Assigned Schools
5
/10
Milton Middle School
17 Rebecca Lander Dr
Distance between this listing and this school1.03 miles
Public District Grades 6-8
Nearby Schools
4
/10
Westford Elementary School
146 Brookside Rd
Distance between this listing and this school6.12 miles
Public District Grades PK-8
5
/10
Bfa Elementary/Middle School
75 Hunt St
Distance between this listing and this school6.68 miles
Public District Grades PK-8
Assigned Schools
7
/10
Milton Senior High School
17 Rebecca Lander Dr
Distance between this listing and this school1.03 miles
Public District Grades 9-12
Nearby Schools
4
/10
Bfa High School - Fairfax
75 Hunt St
Distance between this listing and this school6.68 miles
Public District Grades 9-12
7
/10
Colchester High School
131 Laker Ln
Distance between this listing and this school7.06 miles
The neighbors living near this home have an average income of $46,947. The most common annual income of people living in Milton, VT is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 441 Rte 7
What is the listing price of this property?
The listing price of 441 Rte 7 property is $2,500,000.
What type of property is this?
The property 441 Rte 7 is land located in Milton, Vermont, 05468.
Is this property for sale now?
Active Listing: 441 Rte 7 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 441 Rte 7 are: Milton Elementary School: GreatSchools Rating 4/10Milton Middle School: GreatSchools Rating 5/10Milton Senior High School: GreatSchools Rating 7/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 441 Rte 7 in Milton, VT and zip code 05468. This 10,746 square foot home, which was built in 1940, sits on a 2.05 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $2,500,000.
Between September 2024 and October 2024, Milton, VT real estate market has seen increase in the number of listings by 54.5%. The median list price of listings available in October 2024 was $419,000, while the average time on the real estate market was 54 days.
From Rocket Homes Real Estate and based on county public records data.