FOR_SALERisky Deal598 days on market

1044 Grosse Point Road

1044 Grosse Point Road, Ferrisburgh, VT 05456, Ferrisburgh, VT 05456
$22,900,000

Listing Price

Property image 1
1044 Grosse Point Road, Ferrisburgh, VT 05456
Loc: Ferrisburgh, VT
Days Listed
598
Tax Assessed
$9010k
Lot Size
343.00 acres
Rent Estimate
$1,964/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

6

Ferrisburgh Central School

PK-5
3.9 mi away
6

Vergennes Union Middle School

7-8
5.9 mi away
8

Vergennes Uhsd #5

9-12
5.9 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
-0.38%
Total ROI
-12.3%
Cash Flow
$-123,138/mo
DSCR
-0.06
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2024-08-29Listed for sale$22,900,000$2,390
2006-07-19Sold$8,443,250$881

Tax History

YearProperty TaxTax Assessment
2024$0$9,010,300
2023$0$9,010,300
2022$0$9,010,300
2021$0$9,010,300
2020$0$9,010,300
2019$0$8,985,500
2018$0$8,985,500
2017$0$8,934,500
2016$0$8,934,500
2015$0$51,354
2014$0$51,016
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
11
Baths
9
Sq Ft
9,580
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $22,900,000Rent Basis: Observed Comp Model ($1,964/mo)State Tax Benchmark: 1.9% (VT)Hazard Reserve: $6,679/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-1.02%

NOI: $-233,196/yr

Cash-on-Cash Yield
-31.5%

On $5,267,000 invested

DSCR Ratio
-0.16x

Negative debt coverage

5-Yr Leveraged ROI
+-63.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.9% of basis)-$14,266/mo
Homeowner / Hazard Insurance-$6,679/mo
Vacancy Reserve (5% of rent)-$98/mo
Repairs & Maintenance (10% of rent)-$196/mo
Property Management (8% of rent)-$157/mo
Total Pure Operating Expenses-$21,397/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,964/mo
Less: Operating Expenses-$21,397/mo
Net Operating Income (NOI)+$-19,433/mo
Less: Debt Service (30yr @ 6.75%)-$118,823/mo
Net Cash Flow
$-138,256/mo
$-1,659,074/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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