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Orleans 05860
1576 Coles Road
Listed by: Michael Conley, Conley Country Real Estate & Insurance, Selling Office: Conley Country Real Estate & Insurance, Listing Courtesy of Prime MLS
$125,000
● House - Off Market

1576 Coles Road

Westmore, VT 05860
bedrooms
1 Bed
bathrooms
0 Bath
square feet
725 Ft²
$771
Est. Monthly
12.84%
Cap Rate

About This Property

Delightful cottage on a fabulous wooded lot with a pond.  Appears to have a lot of maples around the cottage which sits high above the road.  Shed/garage is beside the road.   Pond is completely secluded.   Open floor plan with a cathedral ceiling.  Town records show 1 bedroom, but there is a sleeping loft.  Gray water drains down the hill.    Fully furnished including 2 lawnmowers. ATV is negotiable.  Seasonal.
Unit Size
725 Ft²
Days on Market
-
Land Size
10.50 acres
Price per sqft
$172
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #4991707)

Price History

Date / Event Date Event Price
Jun 12, 2024 Sold
Premium
Sold
Apr 24, 2024 In contract -
In contract
Apr 17, 2024 Listed by Conley Country Real Estate & Insurance $125,000
Listed by Conley Country Real Estate & Insurance

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 457,380
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010500
  • Standard Land Use Code: 1012
  • County Land Use Code: S2
  • Legal Description 1: 10.5 AC & CAMP

Neighborhood

  • School District Name: Orleans Central Supervisory Union
  • Census Tract: 950200

Geography

  • Parcel: (232) 330-1576
  • Municipality: WESTMORE
  • Latitude: 44.798
  • Longitude: -72.0048

    Address

  • Full Address: 1576 Coles Rd
  • Address - House Number: 1576
  • Address - Street Name: Coles
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Island Pond
  • Zip Code: 05846

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 232

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 62
  • Final Value: 139,809
  • High Value: 165,908
  • Low Value: 113,709

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,700
  • Assessed Land Value: $33,100
  • Assessed Improvements Value: $55,600

    Sales

  • Current Sale Contract Date: Aug 16, 2011
  • Current Sale Recording Date: Aug 18, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201108241124362026
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 Orleans

Stats & Trends

Median Asking:

$322,000

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

76

Average Home Size

3272 ft²

Average Home Age

66.2 years

Currently For Sale

147 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Michael Conley, Conley Country Real Estate & Insurance
Last Updated Date: 2024-06-12
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4991707
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 1576 Cole Road built and last sold?
The property at 1576 Cole Road was built in and last sold on Aug 16, 2011 for $74,000.
How much is this home worth?
The estimated value of the home located at 1576 Cole Road is $0.
What are some comparable homes to 1576 Cole Road?
There are currently no comparable homes to 1576 Cole Road.
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