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Essex 05903
2597 Sims Hill Road
Listed by: Jennifer Rancourt, RE/MAX Northern Edge Realty/Colebrook, Selling Office: RE/MAX Northern Edge Realty/Colebrook, Listing Courtesy of Prime MLS
$320,000
● House - Off Market

2597 Sims Hill Road

Lemington, VT 05905
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,436 Ft²
$1,971
Est. Monthly
5.82%
Cap Rate

About This Property

55+/- acres located on Sims Hill Road in Lemington VT with view potential!  This cabin with addition has 3 bedrooms, and 2 baths.  There is a ton of potential and ready for your own personal touch and updates.  The property had apples trees, wildlife, and with a little cutting you could bring back the stunning views.  Private acreage with snowmobile trail access, makes this a great new location for your home or get-a-way.  There is a large detached garage great for storage or a shop.  Come and look at this great home today!
Unit Size
1,436 Ft²
Days on Market
-
Land Size
55.00 acres
Price per sqft
$230
Property Type
House
Property Taxes
$350
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 #4973537)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold
Premium
Sold
Oct 9, 2023 Listed by RE/MAX Northern Edge Realty/Colebrook $329,900
Listed by RE/MAX Northern Edge Realty/Colebrook

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: 5,074,740
  • 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: 0000116500
  • Standard Land Use Code: 1012
  • County Land Use Code: S2
  • Legal Description 1: LAND AND BUILDINGS

Neighborhood

  • School District Name: Caledonia North Supervisory Union
  • Census Tract: 950100

Geography

  • Parcel: (108) 00000000R810
  • Municipality: LEMINGTON
  • Latitude: 44.8606
  • Longitude: -71.5902

    Address

  • Full Address: 2597 Sims Hill Rd
  • Address - House Number: 2597
  • Address - Street Name: Sims Hill
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Canaan
  • Zip Code: 05903

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 108

    Appraisal Valuation

  • Standard Deviation: 0.1338
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 310,248
  • High Value: 351,767
  • Low Value: 268,729

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $223,900
  • Assessed Land Value: $104,900
  • Assessed Improvements Value: $119,000
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 Essex

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$139

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2187 ft²

Average Home Age

66.6 years

Currently For Sale

57 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: Jennifer Rancourt, RE/MAX Northern Edge Realty/Colebrook
Last Updated Date: 2024-04-12
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4973537
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 2597 Sims Hill Road built and last sold?
The property at 2597 Sims Hill Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2597 Sims Hill Road is $0.
What are some comparable homes to 2597 Sims Hill Road?
There are currently no comparable homes to 2597 Sims Hill Road.
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