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St. Johnsbury 05819
261 Spring Street
Listed by: Kelly Deth, StoneCrest Properties, LLC2, Selling Office: EXP Realty, Listing Courtesy of Prime MLS
$299,000
● House - Off Market

261 Spring Street

St. Johnsbury, VT 05819
bedrooms
9 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,629 Ft²
$297,325
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This recently renovated property is located 'On the Hill' in St Johnsbury within walking distance to St Johnsbury Academy, Catamount Arts, St Johnsbury graded/middle school, post office, stores and banks. This property has was most recently used as an office building but could be turned back into a single-family residential property or multi-family property (with town approval). There are two fully renovated floors as well as a partially finished 3rd floor. Situated nicely off the road this property offers privacy for enjoying the lovely porches on each level. Too many updates to list but some include new windows, oil tanks, electrical, furnaces, gutters and water heater (list of all improvements attached to listing). Come see!
Unit Size
3,629 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$82
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1900

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 #4958757)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
Jun 24, 2023 Listed by StoneCrest Properties, LLC2 $299,000
Listed by StoneCrest Properties, LLC2

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,512
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 3,629
  • Gross Building Area: 6,572
  • Building Area: 3,629
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,629
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000000220
  • Standard Land Use Code: 2000
  • County Land Use Code: 397
  • Legal Description 1: HOUSE .22A

Neighborhood

  • School District Name: St. Johnsbury School District
  • Census Tract: 957400

Geography

  • Parcel: (176) 232076
  • Municipality: ST. JOHNSBURY
  • Latitude: 44.4228
  • Longitude: -72.0227

    Address

  • Full Address: 261 Spring St
  • Address - House Number: 261
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: VT
  • City Name: Saint Johnsbury
  • Carrier Code: C003
  • 4-Digit Zip Code: 2591
  • Zip Code: 05819

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $402,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $126,500
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $92,000

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 163548480
  • Previous Sale Recording Date: Sep 06, 2016
  • Previous Sale Contract Date: Aug 31, 2016
  • Previous Sale Amount: $79,500
  • 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 St. Johnsbury

Stats & Trends

Median Asking:

$289,000

Sale Price/ft²

$99

Below Asking

0.03%

Average Days on Market

82

Average Home Size

3588 ft²

Average Home Age

105.2 years

Currently For Sale

39 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

Unit for rent at 400 Cliff, St. Johnsbury, 05819

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 380 ft²
400 Cliff #3B, St. Johnsbury, 05819 Listing by Mathew Ghafoori
Unit for rent at 417 Cliff, St. Johnsbury, 05819

$2,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,850 ft²
417 Cliff #2, St. Johnsbury, 05819 Listing by Mathew Ghafoori

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Kelly Deth, StoneCrest Properties, LLC2
Last Updated Date: 2023-08-04
Last Checked: 7 hours ago
Data Source: Prime MLS, MLS# 4958757
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 261 Spring Street built and last sold?
The property at 261 Spring Street was built in 1900 and last sold on Aug 4, 2023 for $299,000.
How much is this home worth?
The estimated value of the home located at 261 Spring Street is $0.
What are some comparable homes to 261 Spring Street?
There are currently no comparable homes to 261 Spring Street.
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