1761 VT Route 214
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Dec 24, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Preferred Properties | $225,000 | |
| Listed by Preferred Properties | |||
| Apr 28, 2020 | No longer available | - | |
| No longer available | |||
| Apr 22, 2020 | Listed | $155,000 | |
| Listed | |||
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Graced with the beauty of over 7,200’ of river frontage along Kingsbury Branch, this 73.84 +/- acre parcel is the perfect place for your year-round escape from the rigors of daily life in the central Vermont town of North Montpelier! Just under 20 minutes to the state capital, the land offers a sense of country seclusion while conveniently located in close proximity to all of the capital’s amenities, employment, and entertainment opportunities. Situated primarily within a small valley, the low-lying land offers an ideal recreational oasis composed of open pastures, woodland, streams, and apple trees where you can enjoy your choice of farming, fishing, hunting, ATVing, etc. while completely surrounded by peace and quiet. An access road off the state maintained and plowed VT Route 214, travels down to a clearing where soil testing has shown the capacity to support a year-round residence. Septic/wastewater per state regulations. Underground utilities have already been installed along the top of the access road and could be extended down to a potential homesite. The expansive land is complete with drivable, gravel trails that extend almost the entire length of the property, an underground bunker, a Quonset Hut, and two gravel pits for personal use. Cable TV, phone & high-speed internet services are available along VT Route 214 through Consolidated Communications. Located within the Residential and Commercial zoning district, the possibilities for use are seemingly endless!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017