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Lamoille
415 Gates Farm Road
Listed by: Richard Carrick, Pall Spera Company Realtors-Stowe, Selling Office: EXP Realty, Listing Courtesy of Prime MLS
$85,000
● Land - Off Market

415 Gates Farm Road

Elmore, VT 05680
bedrooms
Studio
bathrooms
0 Bath
$84,470
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Gates Farm Road, 2 acre building lot. This partially cleared site is fully permitted, comes with plans for a modest cabin, and lumber cut from the site to get you started.  The exposure is westerly, with winter views of the eastern flank of Mt. Elmore.  The views can be enhanced with additional clearing.
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$53
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 #4958931)

Price History

Date / Event Date Event Price
Sep 12, 2023 Sold
Premium
Sold
Jun 26, 2023 Listed by Pall Spera Company Realtors-Stowe $85,000
Listed by Pall Spera Company Realtors-Stowe

Property Highlights

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: 87,120
  • 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: V
  • Land Acres: 0000002000
  • Standard Land Use Code: 8004
  • County Land Use Code: W
  • Legal Description 1: LAND ONLY 2 ACRES:

Neighborhood

  • School District Name: Lamoille South Supervisory Union
  • Census Tract: 953400

Geography

  • Parcel: (064) 09/00/03200
  • Municipality: ELMORE
  • Latitude: 44.513
  • Longitude: -72.4507

    Address

  • Full Address: 415 Gates Farm Rd
  • Address - House Number: 415
  • Address - Street Name: Gates Farm
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Wolcott
  • Carrier Code: R021
  • 4-Digit Zip Code: 4323
  • Zip Code: 05680

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $60,200
  • Tax Rate Code Area: 064

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,000
  • Assessed Land Value: $28,000

    Sales

  • Current Sale Contract Date: Sep 12, 2023
  • Current Sale Recording Date: Sep 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 246639936
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 Lamoille

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$276

Below Asking

0.03%

Average Days on Market

73

Average Home Size

3474 ft²

Average Home Age

57.3 years

Currently For Sale

251 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: Richard Carrick, Pall Spera Company Realtors-Stowe
Last Updated Date: 2023-09-14
Last Checked: 5 hours ago
Data Source: Prime MLS, MLS# 4958931
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 415 Gates Farm Road built and last sold?
The property at 415 Gates Farm Road was built in and last sold on Sep 12, 2023 for $85,000.
How much is this home worth?
The estimated value of the home located at 415 Gates Farm Road is $0.
What are some comparable homes to 415 Gates Farm Road?
There are currently no comparable homes to 415 Gates Farm Road.
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