Listed by: Sigrid Pickering, Chimney Hill Realty, Selling Office: Chimney Hill Realty, Listing Courtesy of Prime MLS
$65,000
●
Land -
Off Market
Howes Loop #A57
Wilmington, VT
Studio
0 Bath
$68,443
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
This one won't last because it's almost unheard of - A 1.5 Acre lot
in Chimney Hill with a 2019 septic plan and state wastewater permit
for a 4-bedroom home. This lot consists of three 1/2 acre lots that
have been merged and deed restricted so that they may never be
subdivided again. This amount of land exceeds current municipal
residential zoning of 1-Acre, giving the future owner more land for
almost complete privacy and seclusion yet within a 4-season resort.
Plus enjoy all the amenities Chimney Hill and the Deerfield Valley
offer including year-round swimming, shopping, restaurants, events,
arts, hiking, biking, world class skiing and shredding,
snowmobiling, tennis, clubhouse with indoor hot tub, playroom,
arcade, court sports and close to Lakes, Green Mountain National
Forest and Golf - Bring your offer ASAP!
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$37
HOA Dues
-
Year Built
-
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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 #4892396)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Chimney Hill Realty | $65,000 | |
| Listed by Chimney Hill Realty | |||
Property Highlights
Exterior Details
Road Frontage Length: 643
Lot Features: Corner, Country Setting, Deed Restricted, Interior Lot, Major Road Frontage, Ski Area, Sloping, Subdivision, Trail/Near Trail, Wooded
Lot Size Acres: 1.5
Lot Sqft: 65340
Financial Details
Taxes Gross Amount: $440
Utilities Details
Sewer Features: None, On-Site Septic Needed
Water Source: Community
Location Details
Location: Route 9 to Haystack Road. Follow into the resort and take a left onto Chimney Hill Road. Take your first right onto Binney Brook Road. Follow up to Howes Loop, then follow Howes down to Lot A57 on right just before the bottom of the Hill. Howes Loop is one way in this section.
Water Body Restrictions: Yes
Water Body Access: Yes
Water Body Name: Raponda Lake
Water View: No
Zoning Information: R1
HOA Details
Association Fee Includes: Recreation, Water
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Listed by: Sigrid Pickering, Chimney Hill Realty
Last Updated Date: 2022-02-04
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4892396
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.
Last Updated Date: 2022-02-04
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4892396
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