Listed by: Filomena Siner, BHHS Vermont Realty Group/Waterbury, Selling Office: BHHS Vermont Realty Group/Waterbury, Listing Courtesy of Prime MLS
$100,000
●
Land -
Off Market
Macey Road
Middlesex, VT
Studio
0 Bath
$689
Est. Monthly
About This Property
Looking for an idyllic land parcel in Middlesex with a mix of
woods, open land, and a babbling brook? Held for generations in the
Macey family, this property is ideal for a homestead. This 12 acre
off-grid lot has roughly 1750 feet of frontage with 600 feet at the
south end along the Patterson brook. The Northern portion has
approximately 8 acres with gentle grades of which about 2 acres
that are open according to town records. Power is only a few feet
away. A rural setting, yet the city of Montpelier is only 15
minutes away and Rumney school is around the corner. Recreation
abounds at the Wrightsville Reservoir where you can kayak, walk the
walking trails, picnic, and disc golf. Is snowmobiling your sport?
The VAST trails run through the property.
Unit Size
-
Days on Market
-
Land Size
12.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$124
HOA Dues
-
Year Built
-
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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 #4979836)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 11, 2024 | Sold | ||
| Sold | |||
| Dec 8, 2023 | Listed by BHHS Vermont Realty Group/Waterbury | $115,000 | |
| Listed by BHHS Vermont Realty Group/Waterbury | |||
Property Highlights
Exterior Details
Road Frontage Length: 1750
Lot Features: Country Setting, Level, Major Road Frontage, Open, Sloping, Trail/Near Trail, Wooded
Lot Size Acres: 12
Lot Sqft: 522720
Financial Details
Taxes Gross Amount: $1,488
Utilities Details
Sewer Features: On-Site Septic Needed
Water Source: On-Site Well Needed
Location Details
Location: From Rte. 12 in Montpelier, take a left on Shady Rill go to the end past Rumney School, take a right on Story Road, then a right on West Hill Road and then a right on Macey Road. Parcel is on your right between mailboxes #361 and #239.
Water Body Restrictions: Unknown
Water Body Access: Yes
Water Body Name: Patterson Brook
Zoning Information: Rural Res
Comparables
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Listed by: Filomena Siner, BHHS Vermont Realty Group/Waterbury
Last Updated Date: 2024-01-11
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4979836
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: 2024-01-11
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4979836
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