Orleans
195 VT Route 242
Listed by: Peter Fina, Great Northern Land Co., LLC, Selling Office: Great Northern Land Co., LLC, Listing Courtesy of Prime MLS
$58,000
●
Land -
Off Market
195 VT Route 242
Westfield, VT 05859
Studio
0 Bath
$115,372
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
PRIME LOCATION on Mountain Road with 500' of road frontage on VT
Route 242 a quick 4 minute drive to Jay Peak Resort. This mostly
open 4.5+ acre parcel has Evergreens, Maples, Apple Trees and a
bridge crossing the brook which runs through it. Former site of the
English Rose Inn. Water connection, power and paved parking area on
site.
Unit Size
-
Days on Market
-
Land Size
4.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$93
HOA Dues
-
Year Built
-
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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 #4454984)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Dec 20, 2022 | Listed by Great Northern Land Co., LLC | $169,900 | |
| Listed by Great Northern Land Co., LLC | |||
| | |||
|
PRICE REDUCTION!!! Location, location, location - this parcel has it along with panoramic mountain views, a babbling brook running through it and your very own covered bridge! On the Mountain Road an easy 3 minute drive to Jay Peak Resort. This mostly open 4.5 acre parcel has evergreens, maples and apple trees through out. Property has almost 500' of prime road frontage on VT-242. Former location of 242 Texas BBQ and the English Rose Inn. Power on site, new walk-out concrete foundation + two structures. Town permitted for two 2-bedroom duplex, Revised State permit WW-7-5951-1 for 3BR home + 1BR accessory dwelling. See attached maps & documents for more details.
| |||
| Jun 1, 2021 | Sold | ||
| Sold | |||
| Sep 11, 2020 | Listed by Great Northern Land Co., LLC | $99,999 | |
| Listed by Great Northern Land Co., LLC | |||
| | |||
|
LOCATION IS EVERYTHING. This fantastic parcel has panoramic mountain views, a babbling brook running through it and your very own covered bridge! Located on the Mountain Road a quick three minute drive to Jay Peak Resort. This mostly open 4.5 acre parcel has evergreens, maples and apple trees through out. Property has almost 500' of prime road frontage on VT-242. Current location of 242 Texas BBQ and former location of the English Rose Inn. Power and paved parking on site. Water connection and preliminary septic design available.
| |||
| Dec 30, 2015 | Sold | ||
| Sold | |||
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About Orleans
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Listed by: Peter Fina, Great Northern Land Co., LLC
Last Updated Date: 2016-09-20
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4454984
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.
Last Updated Date: 2016-09-20
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4454984
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