For SaleRisky Deal37 days on market
656 Highland Way
656 Highland Way, Ferrisburgh, VT 05473, Vergennes, VT 05473
$2,495,000
Estimate®:$2,325,000
Listing Price
656 Highland Way, Ferrisburgh, VT 05473
Loc: Vergennes, VT
Days Listed
37
Tax Assessed
$755k
Estimate®
$2325k
Market Rate
Lot Size
92.00 acres
Rent Estimate
$4,488/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
4.3 mi away
6
Vergennes Union Middle School
7-8
6.6 mi away
8
Vergennes Uhsd #5
9-12
6.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonial-styleyellow-sidingruralsecludedlarge-backyardscenic-viewsmountain-landscapewooded-lotcountry-hometwo-storyasphalt-shingle-roofprivate-drivewaypeacefulspacious-groundspastoral-setting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
0.80%
Total ROI
-23.8%
Cash Flow
$-11,281/mo
DSCR
0.13
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-11,281/mo net cash flow with a 0.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Vergennes, VT
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-17 | Listed for sale | $2,495,000 | $745 |
| 2018-07-31 | Sold | $750,000 | $224 |
| 2007-06-04 | Sold | $129,000 | $39 |
| 2006-05-31 | Sold | $133,000 | $40 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $754,900 |
| 2023 | $0 | $754,900 |
| 2022 | $0 | $754,900 |
| 2021 | $0 | $754,900 |
| 2020 | $0 | $754,900 |
| 2019 | $0 | $754,900 |
| 2018 | $0 | $762,400 |
| 2017 | $0 | $762,400 |
| 2016 | $0 | $762,400 |
| 2015 | $0 | $5,108 |
| 2014 | $0 | $5,096 |
| 2013 | $0 | $5,089 |
| 2012 | $0 | $4,854 |
| 2011 | $0 | $4,836 |
| 2010 | $0 | $4,826 |
| 2009 | $0 | $4,827 |
| 2008 | $0 | $4,846 |
| 2007 | $0 | $4,869 |
| 2006 | $0 | $4,592 |
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