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Rutland
41 Ormsbee Avenue
Listed by: Becky Heath, Becky Heath Real Estate, Selling Office: Walnut Hill Realty, Listing Courtesy of Prime MLS
$299,360
● House - Off Market

41 Ormsbee Avenue

Proctor, VT 05765
bedrooms
8 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
6,300 Ft²
$656,172
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model

About This Property

Historic home built in 1915 featuring 8 bedrooms, 7 +/- acres, detached garage plus much more.Some information contained in this mls data sheet was unknown and/or estimated. Subject information was either taken from prior mls, tax records or estimated. Agents and/or buyers should confirm all information. Property sold as is. No electricity on.Some information unk include but are not limited to: permitting, easements, rows, needed repairs, electric type, mechanical/water/sewer conditions, water heater type, boundaries, etc.Property is currently under auction terms.
Unit Size
6,300 Ft²
Days on Market
-
Land Size
7.20 acres
Price per sqft
$59
Property Type
House
Property Taxes
$1,861
HOA Dues
-
Year Built
1915

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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 #4463683)

Price History

Date / Event Date Event Price
Feb 25, 2016 Sold
Premium
Sold
Dec 14, 2015 Listed by Becky Heath Real Estate $373,000
Listed by Becky Heath Real Estate

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 8
  • Bathroom Count: 11
  • Full Bathrooms: 10
  • Partial Bathrooms: 11
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,760
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 379,843
  • Total Building Area: 6,633
  • Gross Building Area: 14,652
  • Building Area: 6,633
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 6,633
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008720
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: 2.5 STY DWL/2DGR & 8.72 AC

Neighborhood

  • School District Name: Rutland Central Supervisory Union
  • Census Tract: 962500

Geography

  • Assessors Map Reference: 26-370041
  • Parcel: (157) 370041
  • Municipality: PROCTOR
  • Latitude: 43.6593
  • Longitude: -73.0306

    Address

  • Full Address: 41 Ormsbee Ave
  • Address - House Number: 41
  • Address - Street Name: Ormsbee
  • Address - Suffix Type: Ave
  • State: VT
  • City Name: Proctor
  • Carrier Code: C021
  • 4-Digit Zip Code: 1229
  • Zip Code: 05765

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 157

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 63
  • Final Value: 527,943
  • High Value: 624,743
  • Low Value: 431,142

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $372,640
  • Assessed Land Value: $84,150
  • Assessed Improvements Value: $288,490

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2016
  • Current Sale Recording Date: Feb 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201604301113689031
  • Previous Sale Recording Date: Nov 11, 2014
  • Previous Sale Contract Date: Oct 15, 2014
  • Previous Sale Document Type: 34
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 Rutland

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$151

Below Asking

0.03%

Average Days on Market

77

Average Home Size

3071 ft²

Average Home Age

77.7 years

Currently For Sale

296 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

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Prime

Listed by: Becky Heath, Becky Heath Real Estate
Last Updated Date: 2016-09-20
Last Checked: -2 hour ago
Data Source: Prime MLS, MLS# 4463683
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 41 Ormsbee Avenue built and last sold?
The property at 41 Ormsbee Avenue was built in 1915 and last sold on Feb 25, 2016 for $299,360.
How much is this home worth?
The estimated value of the home located at 41 Ormsbee Avenue is $0.
What are some comparable homes to 41 Ormsbee Avenue?
There are currently no comparable homes to 41 Ormsbee Avenue.
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