29 Markham Ln · Weston, VT 05161

$299,000

2 bd · 1.0 ba · 750 sqft · SingleFamily public records · 222 Days on market

Built 1947 0.61 ac lot $399/sqft · 7% above area Est $279k · 7% over

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.9/30.0
• Schools +5.0/10.0
• DSCR +4.9/10.0
• ARV discount +4.2/15.0
• 1% rule +4.1/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This delightful 2-bedroom, 1-bath cottage located in the heart of the picturesque village of Weston is waiting for a new owner that is looking for a sweet little Vermont retreat. Built in 1947, this home offers timeless character with cozy living spaces and classic Vermont charm. Perfectly situated within walking distance to the Weston Playhouse, the iconic Vermont Country Store, and locally owned shops. Enjoy easy access to nearby ski areas, including Bromley, Magic, Okemo and Stratton as well as the scenic town green, and all that this vibrant village has to offer. Weston is a short drive to Manchester Center for outlet shopping and dining as well as other outdoor activities including hiking, horseback riding and tubing on the Battenkill. The current owners have installed a new electrical panel, new flooring with the exception of the kitchen and updated the bathroom. Whether you’re seeking a year-round residence or a weekend getaway, this charming Weston cottage provides the perfect blend of history, convenience, and small-town beauty.

Key facts

• New flooring
• Scenic town green
• New electrical panel

Tags

• EASY ACCESS TO SKI AREAS
• SCENIC TOWN GREEN
• NEW ELECTRICAL PANEL
• NEW FLOORING
• UPDATED BATHROOM

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $299k.

Deal economics

• At list price, monthly cash flow is $142 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $272k (9.0% below list).
• Recommended offer: $263k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Market conditions: 9 active listings in the ZIP; 339 units permitted in Windsor County in 2024 (240 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Windsor County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 222 days — a 12% lower offer ($263k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $263,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 222 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 6.86%
• Cash-on-cash: 2.04%
• DSCR: 1.09
• GRM: 9.2

CMA / ARV

• ARV (median comp): $278,532
• List price: $299,000
• Delta: 7.35%
• Verdict: FAIR
• Comps: 2 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.1%
• Equity multiple: 0.53×
• Total profit: $-39,391
• Equity at exit: $44,582

10-year hold

• IRR: -4.1%
• Equity multiple: 0.73×
• Total profit: $-22,622
• Equity at exit: $25,852

Cash invested: $83,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 41 Moderately Tenant-Leaning
• State Vermont: 41 Moderately Tenant-Leaning · D+15
• County: — inherits STATE
• City: — inherits STATE

Just-cause in Burlington (2022); strong habitability.

Methodology + full state rankings →

ZIP-level market 05161

• Home prices YoY: -11.9%
• Active inventory: 9
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,721 medium
• Mortgage (P&I): −$1,568
• Tax from tax record: −$315 /mo · $3,777/yr
• Insurance: −$125
• HOA: −$0
• Vacancy / Maint / Mgmt: −$571
• Net cashflow: $142

Break-even live

Break-even rent $2,541

Max offer price $299,000

Occupancy floor 90%

Sensitivity live

Price	-10% $311	-5% $227	+0% $142	+5% $58	+10% $-27
Rent	-10% $-73	-5% $35	+0% $142	+5% $250	+10% $357
Rate	-1.0pp $293	-0.5pp $218	base $142	+0.5pp $65	+1.0pp $-14

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $74,750
• Closing costs: $8,970
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-21
   days on market $299,000 Active 222 DOM
2. 2026-06-18
   days on market $299,000 Active 220 DOM
3. 2026-06-17
   days on market $299,000 Active 219 DOM
4. 2026-06-16
   days on market $299,000 Active 218 DOM
5. 2026-06-15
   days on market $299,000 Active 217 DOM
6. 2026-06-15
   days on market $299,000 Active 216 DOM
7. 2026-06-13
   days on market $299,000 Active 215 DOM
8. 2026-06-12
   days on market $299,000 Active 214 DOM
9. 2026-06-09
   days on market $299,000 Active 211 DOM
10. 2026-06-08
    days on market $299,000 Active 210 DOM
11. 2026-06-08
    days on market $299,000 Active 209 DOM
12. 2026-06-07
    days on market $299,000 Active 208 DOM
13. 2026-06-03
    days on market $299,000 Active 205 DOM
14. 2026-06-02
    days on market $299,000 Active 204 DOM
15. 2026-06-01
    days on market $299,000 Active 203 DOM
16. 2026-05-31
    days on market $299,000 Active 202 DOM
17. 2025-11-10
    listed $299,000 Active 1062-char remark

    Show marketing remark (1062 chars)

    This delightful 2-bedroom, 1-bath cottage located in the heart of the picturesque village of Weston is waiting for a new owner that is looking for a sweet little Vermont retreat. Built in 1947, this home offers timeless character with cozy living spaces and classic Vermont charm. Perfectly situated within walking distance to the Weston Playhouse, the iconic Vermont Country Store, and locally owned shops. Enjoy easy access to nearby ski areas, including Bromley, Magic, Okemo and Stratton as well as the scenic town green, and all that this vibrant village has to offer. Weston is a short drive to Manchester Center for outlet shopping and dining as well as other outdoor activities including hiking, horseback riding and tubing on the Battenkill. The current owners have installed a new electrical panel, new flooring with the exception of the kitchen and updated the bathroom. Whether you’re seeking a year-round residence or a weekend getaway, this charming Weston cottage provides the perfect blend of history, convenience, and small-town beauty.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VT · Partial reset (capped growth)

• Current annual tax: $3,777 · $315/mo
• Projected year-2 tax: $4,729 · $394/mo
• Expected delta: +$952/yr (+$79/mo · 25.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 1/10 Low 7 d/yr ≥86°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $32,651
• − Mortgage interest: −$16,749
• − Property taxes: −$3,777
• − Insurance: −$1,495
• − Repairs & maintenance: −$2,612
• − Management: −$2,612
• − Depreciation: −$8,698
• Taxable loss: −$3,292
• Est. tax savings @ 24.0%: +$790
• After-tax cash flow: $2,496/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — Weston

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Weston, VT
• Population (ZIP): 759

Population outlook (Windsor County) Hauer SSP2

• Today (2025): 53,235 people
• By 2030: 51,269 · -3.7%
• By 2040: 46,517 · -12.6%
• By 2050: 41,859 · -21.4%
• By 2075: 33,298 · -37.5%
• By 2100: 24,523 · -53.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Asian 7% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 9% Lithuanian 5% Slovak 4%
• Foreign-born: 11% · Canada, Vietnam, China
• Languages at home: 89% English-only · Spanish 2% Vietnamese 2% French/Haitian/Cajun 2%

Political lean MEDSL · Windsor

• 2024 margin: Solid D (+35.6) · D 66.3% · R 30.7% · Other 2.9%
• 2008→2024 swing: -4.1pp toward R · 2008: 39.7pp · 2024: 35.6pp
• All cycles: 2024: D+35.6 2020: D+38.9 2016: D+32.1 2012: D+38.1 2008: D+39.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -24.58%
• Current HPI: 181.3305
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

1 event — show timeline

• 2025-11-10 Listed $299,000 PrimeMLS

Property tax history

-1.7%/yr

Latest (2024): $3,777 · +5.4% YoY. Source: county tax records.