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Rutland
1221 West Street
Listed by: Joshua Lemieux, Remax Summit, Selling Office: Remax Summit, Listing Courtesy of Prime MLS
$120,000
● House - Off Market

1221 West Street

Proctor, VT 05765
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,764 Ft²
$143,222
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Come bring this beautiful farmhouse back to life! Just outside the Village of Proctor, this location provides quick and easy access to the village as well as the City of Rutland, the Lake Bomoseen Region and both Killington and Pico Mountains. On 15 acres there are endless possibilities of what you can do with this property. The potential alone makes this gem worth a look. Welcome home!
Unit Size
2,764 Ft²
Days on Market
-
Land Size
15.00 acres
Price per sqft
$47
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1889

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Prime MLS #4884032)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Sep 23, 2021 Listed by Remax Summit $130,000
Listed by Remax Summit

Property Highlights

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 944
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 653,400
  • Total Building Area: 1,820
  • Gross Building Area: 3,284
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000015000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 2 STY DWL/DGR &15.0 AC

Neighborhood

  • School District Name: Rutland Central Supervisory Union
  • Census Tract: 962500

Geography

  • Assessors Map Reference: 5-521221
  • Parcel: (157) 521221
  • Municipality: PROCTOR
  • Latitude: 43.6341
  • Longitude: -73.0452

    Address

  • Full Address: 1221 West St
  • Address - House Number: 1221
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: VT
  • City Name: Proctor
  • Carrier Code: R022
  • 4-Digit Zip Code: 9704
  • Zip Code: 05765

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Tax Rate Code Area: 157

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 196,914
  • High Value: 233,674
  • Low Value: 160,153

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $138,110
  • Assessed Land Value: $40,950
  • Assessed Improvements Value: $97,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 133053504
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rutland

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3061 ft²

Average Home Age

79.2 years

Currently For Sale

404 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: Joshua Lemieux, Remax Summit
Last Updated Date: 2021-12-17
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4884032
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1221 West Street built and last sold?
The property at 1221 West Street was built in 1889 and last sold on Dec 1, 2021 for $120,000.
How much is this home worth?
The estimated value of the home located at 1221 West Street is $0.
What are some comparable homes to 1221 West Street?
There are currently no comparable homes to 1221 West Street.
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