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Ludlow 05149
51 Pleasant Street
Listed by: Rachael Rogala, Engel & Volkers Okemo, Selling Office: Alison McCullough Real Estate, Listing Courtesy of Prime MLS
$40,000
● Land - Off Market

51 Pleasant Street

Ludlow, VT 05149
bedrooms
Studio
bathrooms
0 Bath
$78,966
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Here's your opportunity to own a slice of pie in the Village. One of the largest buildable lots in Ludlow. Build a single-family home and hook up to town water and sewer. There's potential for views of Okemo Mountain! Experience village living with a private feel. With 10% of the trees already removed, there is room for more growth and development. Please note there is a Right Of Way. This lot abuts the sleepy railroad.
Unit Size
-
Days on Market
-
Land Size
2.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$106
HOA Dues
-
Year Built
1880

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 #4837028)

Price History

Date / Event Date Event Price
Aug 11, 2021 Sold
Premium
Sold
Oct 31, 2020 Listed by Engel & Volkers Okemo $69,000
Listed by Engel & Volkers Okemo

Property Highlights

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 8
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 3
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,658
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,067
  • Gross Building Area: 5,020
  • Building Area: 3,067
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,067
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1102
  • County Land Use Code: 105
  • Legal Description 1: PLEASANT STREET 51 THREE FAMILY

Neighborhood

  • School District Name: Two Rivers Supervisory Union
  • Census Tract: 966300

Geography

  • Assessors Map Reference: 230637.000
  • Parcel: (112) 230637.000
  • Municipality: LUDLOW
  • Latitude: 43.3947
  • Longitude: -72.6967

    Address

  • Full Address: 51 Pleasant St
  • Address - House Number: 51
  • Address - Street Name: Pleasant
  • Address - Suffix Type: St
  • State: VT
  • City Name: Ludlow
  • Carrier Code: C001
  • 4-Digit Zip Code: 1311
  • Zip Code: 05149

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $369,700
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 59
  • Final Value: 498,887
  • High Value: 599,854
  • Low Value: 397,919

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $197,400
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $146,900
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 Ludlow

Stats & Trends

Median Asking:

$512,000

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

85

Average Home Size

3780 ft²

Average Home Age

123.4 years

Currently For Sale

9 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: Rachael Rogala, Engel & Volkers Okemo
Last Updated Date: 2021-08-11
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4837028
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 51 Pleasant Street built and last sold?
The property at 51 Pleasant Street was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 51 Pleasant Street is $89,890.
What are some comparable homes to 51 Pleasant Street?
There are currently no comparable homes to 51 Pleasant Street.
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