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Lamoille 05655
500 Grimes Road
Listed by: Richard Carrick, Pall Spera Company Realtors-Stowe, Selling Office: KW Vermont-Stowe, Listing Courtesy of Prime MLS
$71,000
● Land - Off Market

500 Grimes Road

Hyde Park, VT 05655
bedrooms
Studio
bathrooms
0 Bath
$85,140
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This 15 +-  acre lot is a very special piece of Vermont. The clean air and summer breeze await you in this wildlife filled private setting. The lot sits quietly on a town-maintained, quiet road just a bit off the main road. This lot offers an open area near the road, wooded areas, and is close to power sources. Close to Hyde Park village and just a few minutes to Morristown, Johnson and only 15 minutes to Stowe. The seller is currently obtaining waste water permits for a three bedroom home. Such a special part of Vermont!
Unit Size
-
Days on Market
-
Land Size
15.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$142
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 #4761045)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
Sep 8, 2019 No longer available -
No longer available
Jun 24, 2019 Listed by Pall Spera Company Realtors-Stowe $75,000
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: 738,778
  • 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: 0000016960
  • Standard Land Use Code: 8002
  • County Land Use Code: 394
  • Legal Description 1: ACRES:

Neighborhood

  • School District Name: Lamoille North Supervisory Union
  • Census Tract: 953300

Geography

  • Parcel: (097) 04036050
  • Municipality: HYDE PARK
  • Latitude: 44.6364
  • Longitude: -72.6087

    Address

  • Full Address: 500 Grimes Rd
  • Address - House Number: 500
  • Address - Street Name: Grimes
  • Address - Suffix Type: Rd
  • State: VT
  • City Name: Hyde Park
  • Carrier Code: R011
  • 4-Digit Zip Code: 6613
  • Zip Code: 05655

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $195,300
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 097

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,100
  • Assessed Land Value: $76,100

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 230911040
  • Previous Sale Recording Date: Mar 03, 2021
  • Previous Sale Contract Date: Feb 24, 2021
  • Previous Sale Amount: $20,000
  • 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 Lamoille

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$276

Below Asking

0.03%

Average Days on Market

75

Average Home Size

3490 ft²

Average Home Age

56.7 years

Currently For Sale

250 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: Richard Carrick, Pall Spera Company Realtors-Stowe
Last Updated Date: 2021-09-17
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4761045
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 500 Grimes Road built and last sold?
The property at 500 Grimes Road was built in and last sold on Sep 15, 2021 for $71,000.
How much is this home worth?
The estimated value of the home located at 500 Grimes Road is $0.
What are some comparable homes to 500 Grimes Road?
There are currently no comparable homes to 500 Grimes Road.
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