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Newport 05855
75 Kingdom Way
Listed by: Ryan Pronto, Jim Campbell Real Estate, Selling Office: Jim Campbell Real Estate, Listing Courtesy of Prime MLS
$25,000
● Land - Off Market

75 Kingdom Way

Newport City, VT 05855
bedrooms
Studio
bathrooms
0 Bath
$257
Est. Monthly
34.26%
Cap Rate

About This Property

Desirable residential building lot in a quiet neighborhood on the outskirts of Newport City. Surveyed 0.77 acre lot with city water/sewer and power at the street. This lot is fairly level and mostly open, offering potential for quick and easy development. Situated on a short and private dead-end road, located just minutes to downtown Newport, all City amenities, Lake Memphremagog, schools, stores and more! Xfinity/Comcast cable & internet available.  Affordable building lots in nice locations like this are hard to find.
Unit Size
-
Days on Market
-
Land Size
0.77 acres
Price per sqft
-
Property Type
Land
Property Taxes
$61
HOA Dues
-
Year Built
-

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

Purchase Price
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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 #4985233)

Price History

Date / Event Date Event Price
Sep 5, 2024 Sold
Premium
Sold
Aug 2, 2024 In contract -
In contract
Feb 16, 2024 Listed by Jim Campbell Real Estate $39,900
Listed by Jim Campbell Real Estate

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • 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: 33,541
  • 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: 0000000770
  • Standard Land Use Code: 8001
  • County Land Use Code: 130
  • Legal Description 1: VACANT

Neighborhood

  • School District Name: North Country Supervisory Union
  • Census Tract: 951400

Zoning

  • Zoning: UR

Geography

  • Parcel: (136) 142004-002
  • Municipality: NEWPORT CITY
  • Latitude: 44.9245
  • Longitude: -72.2008

    Address

  • Full Address: 75 Kingdom Way
  • Address - House Number: 75
  • Address - Street Name: Kingdom
  • Address - Suffix Type: Way
  • State: VT
  • City Name: Newport
  • Carrier Code: R003
  • 4-Digit Zip Code: 6702
  • Zip Code: 05855

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $70,400
  • Tax Rate Code Area: 136

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,600
  • Assessed Land Value: $23,600

    Sales

  • Current Sale Contract Date: May 28, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK1309300608
  • Previous Sale Recording Date: May 14, 2020
  • Previous Sale Contract Date: Apr 30, 2020
  • Previous Sale Amount: $973
  • 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 Newport

Stats & Trends

Median Asking:

$259,250

Sale Price/ft²

$108

Below Asking

0.03%

Average Days on Market

60

Average Home Size

3168 ft²

Average Home Age

82.8 years

Currently For Sale

30 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

Click here to view more rentals in the neighborhood.
Prime

Listed by: Ryan Pronto, Jim Campbell Real Estate
Last Updated Date: 2024-09-05
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 4985233
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 75 Kingdom Way built and last sold?
The property at 75 Kingdom Way was built in and last sold on May 28, 2020 for $500.
How much is this home worth?
The estimated value of the home located at 75 Kingdom Way is $0.
What are some comparable homes to 75 Kingdom Way?
There are currently no comparable homes to 75 Kingdom Way.
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