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Newport 05855
231 Memphremagog View
Listed by: James Campbell, Jim Campbell Real Estate, Selling Office: Zephyr Meadows Real Estate, LLC, Listing Courtesy of Prime MLS
$225,000
● House - Off Market

231 Memphremagog View

Newport City, VT 05855
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,448 Ft²
$321,073
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

This fine home offers a warmth that will catch your attention the minute you walk through the door. Lovely updated kitchen with granite counters, radiant heat in the dining area and garage, master bedroom with custom cabinetry and custom built tiled shower, choice of oil or pellet hot water heating system, 2 decks, workshop, walk out lower level with family room, newer roof and the list goes on! Great neighborhood. Come take a look at this beautifully decorated home in Newport, VT.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$94
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1992

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 #4775734)

Price History

Date / Event Date Event Price
Jun 25, 2020 Sold
Premium
Sold
Sep 10, 2019 Listed by Jim Campbell Real Estate $229,000
Listed by Jim Campbell Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 110
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 1,448
  • Gross Building Area: 4,035
  • Building Area: 1,448
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,448
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: HOUSE

Neighborhood

  • School District Name: North Country Supervisory Union
  • Census Tract: 951500

Zoning

  • Zoning: GR

Geography

  • Parcel: (136) 135014
  • Municipality: NEWPORT CITY
  • Latitude: 44.9312
  • Longitude: -72.2277

    Address

  • Full Address: 231 Memphremagog Vw
  • Address - House Number: 231
  • Address - Street Name: Memphremagog
  • Address - Suffix Type: Vw
  • State: VT
  • City Name: Newport
  • Carrier Code: C001
  • 4-Digit Zip Code: 4928
  • Zip Code: 05855

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $590,900
  • Tax Rate Code Area: 136

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 55
  • Final Value: 249,782
  • High Value: 305,497
  • Low Value: 194,066

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,100
  • Assessed Land Value: $43,500
  • Assessed Improvements Value: $154,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 857560960
  • Previous Sale Recording Date: Jan 16, 2018
  • Previous Sale Contract Date: Jan 11, 2017
  • Previous Sale Document Type: 27
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 Newport

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$110

Below Asking

0.02%

Average Days on Market

70

Average Home Size

3007 ft²

Average Home Age

83.9 years

Currently For Sale

20 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: James Campbell, Jim Campbell Real Estate
Last Updated Date: 2020-07-17
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4775734
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 231 Memphremagog View built and last sold?
The property at 231 Memphremagog View was built in 1992 and last sold on Jun 25, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 231 Memphremagog View is $0.
What are some comparable homes to 231 Memphremagog View?
There are currently no comparable homes to 231 Memphremagog View.
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