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Washington 05682
1244 Elmore Road
Listed by: Timothy Heney, Heney Realtors - Element Real Estate (Montpelier), Selling Office: Heney Realtors - Element Real Estate (Montpelier), Listing Courtesy of Prime MLS
$182,500
● Land - Off Market

1244 Elmore Road

Worcester, VT 05682
bedrooms
Studio
bathrooms
0 Bath
$156,852
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

A recreation paradise with rolling land, flowing brooks and a small rustic log cabin that looks up at an inspiring waterfall. With frontage on VT Rt. 12, the North Branch Cascade Trail is across from this land. The property borders the Worcester/Elmore Town Line and the CC Putnam State Forest encompassing some 13,633 acres along the Worcester Mountain range. Property is enrollded in Vermont Land Use Program. Cabin and property are to be conveyed "As Is".
Unit Size
-
Days on Market
-
Land Size
65.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$84
HOA Dues
-
Year Built
1983

Payment Calculator (Computations Provided by RealtyHop)

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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 #4928657)

Price History

Date / Event Date Event Price
Oct 18, 2022 Sold
Premium
Sold
Sep 6, 2022 Listed by Heney Realtors - Element Real Estate (Montpelier) $149,900
Listed by Heney Realtors - Element Real Estate (Montpelier)

Property Highlights

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,831,400
  • Total Building Area: 255
  • Building Area: 255
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 255
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000065000
  • Standard Land Use Code: 1012
  • County Land Use Code: S2
  • Legal Description 1: 65 ACRES & CAMP

Neighborhood

  • School District Name: Washington Central Supervisory Union
  • Census Tract: 954200

Geography

  • Assessors Map Reference: 3.01
  • Parcel: (251) 00SH0123
  • Municipality: WORCESTER
  • Latitude: 44.4537
  • Longitude: -72.5519

    Address

  • Full Address: 1244 Elmore Rd
  • Address - House Number: 1244
  • Address - Street Name: Elmore
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Worcester
  • Zip Code: 05682

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $261,100
  • Tax Rate Code Area: 251

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 177,545
  • High Value: 210,689
  • Low Value: 144,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,200
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $11,200

    Sales

  • Current Sale Contract Date: Oct 18, 2022
  • Current Sale Recording Date: Oct 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1972756032
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 Washington

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

67

Average Home Size

2803 ft²

Average Home Age

79.2 years

Currently For Sale

346 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: Timothy Heney, Heney Realtors - Element Real Estate (Montpelier)
Last Updated Date: 2022-10-18
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4928657
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 1244 Elmore Road built and last sold?
The property at 1244 Elmore Road was built in 1983 and last sold on Oct 18, 2022 for $182,500.
How much is this home worth?
The estimated value of the home located at 1244 Elmore Road is $0.
What are some comparable homes to 1244 Elmore Road?
There are currently no comparable homes to 1244 Elmore Road.
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