6 months on rocket

1115 Rte 4a W, Castleton, VT, 05735

$287,500

2.02 Acres
$42/SqFt
Land

Location

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Property Highlights

Home TypeOther
Year Built1890
HeatingBaseboard, Forced Air, Hot Water
CoolingCentral Air
BasementYes
MLS #4974336
Lot Size2.02 Acres
StatusActive

About 1115 Rte 4a W

Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents. Building is on the National Register of Historic Places.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2
  • Living Area: 6,884 SqFt

Listing Office:

  • Office Name: Casella Real Estate
  • Office Phone: (802) 772-7487
  • Listing Agent: Hughes Group Team

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 2.02 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Hot Water
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $287,500
  • Price Per SqFt: $42/SqFt
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Housing Market Comparison

See how this home compares to others in Castleton, VT.

Med. List Price

$375K

Med. Price/SqFt

$200

Avg. Days On Market

74

# of Sold Homes

2

1115 Rte 4a W vs Castleton

201 DAYS ON ROCKET

+127 Days

$287,500

-$87.5K Less

$42/SqFt

-$159 Less

KEY TAKEAWAY

This property is $87.5K less than the Median List Price and $159/SqFt less than other homes in Castleton, VT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #4974336

Listing Office:

  • Office Name: Casella Real Estate
  • Office Phone: (802) 772-7487
  • Listing Agent: Hughes Group Team

IDX© Copyright 2024 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,502

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$928

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-533812
2
/10
  • Proctor Elementary School

  • 14 School St

  • 7.89 miles

  • Public District Grades PK-6

school-card-donut-533813
3
/10
  • Lothrop Elementary School

  • 3447 US Route 7

  • 8.46 miles

  • Public District Grades PK-6

school-card-donut-533814
6
/10
  • Putnam Central School

  • 126 County Route 2

  • 10.83 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,210. Typical income of Castleton, VT residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1115 Rte 4a W

What is the listing price of this property?

The listing price of 1115 Rte 4a W property is $287,500.

What type of property is this?

The property 1115 Rte 4a W is land located in Castleton, Vermont, 05735.

Is this property for sale now?

Active Listing: 1115 Rte 4a W is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1115 Rte 4a W is 2.02 acres.
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Rocket HomesVermontRutland CountyCastleton057351115 Rte 4a W

This home is located at 1115 Rte 4a W in Castleton, VT and zip code 05735. This 6,884 square foot home, which was built in 1890, sits on a 2.02 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $287,500.

The inventory of homes for sale in Castleton, VT between September 2024 and October 2024 increased by 16.7%. Listings spent 74 days on the market in October 2024, and had a median list price of $375,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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