Listed by: Timothy Heney, Heney Realtors/Montpelier, Selling Office: Heney Realtors - Element Real Estate (Montpelier), Listing Courtesy of Prime MLS
$165,000
●
Land -
Off Market
Off Bushey Road
Middlesex, VT
Studio
0 Bath
$203,513
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Only 6.5+/- miles to downtown Montpelier, this 108.82 acres of
wooded land is close to amenities and offers wonderful forest land
elevation ranges from 1240' ASL (above sea level) to 1540 ASL. With
old stone walls, a network of trials within this parcel allows good
access and a small wetland pond is located on the eastern boundary
line. Ideal for hiking, cross country skiing, hunting and nature
observation. A section of the Vermont Association of Snow Travelers
(VAST) trail passes through the property utilizing logging trails.
The property is currently in the UVA program, Forest Management
Plan is available. Electric utility lines for Washington Electric
Co-Op end at the intersection of Bushey and Tamarack Roads. The
site is well suited to accommodate solar and wind energy
technologies.
Unit Size
-
Days on Market
-
Land Size
108.82 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
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 #4824728)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2020 | Sold | ||
| Sold | |||
| Aug 24, 2020 | Listed by Heney Realtors/Montpelier | $154,900 | |
| Listed by Heney Realtors/Montpelier | |||
Property Highlights
Exterior Details
Lot Features: Country Setting, Rolling, Timber, Trail/Near Trail, View, Walking Trails, Wooded
Lot Size Acres: 108.82
Lot Sqft: 4740199
Financial Details
Taxes Gross Amount: $354
Possession Information: At Closing, Negotiable
Utilities Details
Sewer Features: None
Water Source: None
Location Details
Location: Rt. 12 to Shady Rill Rd., just beyond Rumney School stay straight on East Bear Swamp Rd. Go .5 mile, left on Bushey Rd. Then straight on Bushey, continue beyond turn for Tamarack Rd. Bushey becomes Class 4 road then trail after last home on left. Property starts approx. .25 mile up road on right.
Zoning Information: Conservation
Comparables
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Listed by: Timothy Heney, Heney Realtors/Montpelier
Last Updated Date: 2020-12-02
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4824728
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: 2020-12-02
Last Checked: 1 hour ago
Data Source: Prime MLS, MLS# 4824728
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