Gail Beardmore
Engel & Völkers Okemo
(802) 797-7068
77 Total Sales
1 in Rutland
$87,500 Price
112 State St Rutland, VT 05701
Rutland AreaEstimated Value: $186,087
23
Beds
9
Baths
8,000
Sq Ft
$23/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Forced Air Heating System
- Baseboard Heating
About This Home
As of May 20188 Units in 3 buildings on a nice lot with plenty of parking, 112 State is a 3 units, 116 is 3 units and 118 is 2 units , they 2 driveways between them and common parking, great rental history, owners have owned them for over 25 yeas, over the years they have been making improvements as needed , some of the new updates are , Roof , Siding , Windows and furnaces, Great return for your money , the net income is around $36,000 a year so at the $225K Cap Rate is 16% For more detailed information call Mike Kalil 802-342-8899 or email me mike_kalil@cbwatson.net
Last Agent to Sell the Property
Watson Realty & Associates License #081.0095645 Listed on: 10/16/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 16,553 Sq Ft Lot
- Lot Sloped Up
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 9 Full Bathrooms
- 8,000 Sq Ft Home
- 2.5-Story Property
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Forced Air Heating System
- Baseboard Heating
- Heating System Uses Gas
- Heating System Uses Oil
- 220 Volts
- 100 Amp Service
- Electric Water Heater
Community Details
Overview
- 8 Units
Building Details
- Operating Expense $31,760
- Gross Income $67,800
- Net Operating Income $36,040
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2017
Closed on
May 3, 2018
Sold by
Blake Daniel R and Kelley Bradford C
Bought by
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Mike Kalil
Watson Realty & Associates
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,913
Avg. Annual Appreciation
-2.24%
Purchase Details
Closed on
Jul 10, 1989
Sold by
Yankee Associates
Bought by
Kelley Bradford C and Blake Daniel R
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rutland, VT
-
Gail Beardmore
-
Lawrence Zupan
Lawrence Zupan
EXP Realty
(802) 856-8301
39 Total Sales
3 in Rutland
$180K - $539K Price Range
-
Justin Ranney
Justin Ranney
Coldwell Banker Homes Unlimited
(802) 526-6944
88 Total Sales
1 in Rutland
$300,000 Price
-
Margretta Fischer
Margretta Fischer
Wohler Realty Group
(802) 944-4455
242 Total Sales
2 in Rutland
$78K - $460K Price Range
-
Alison Cummings
Alison Cummings
Responds QuicklyCummings & Co
(802) 797-7769
83 Total Sales
1 in Rutland
$305,000 Price
-
Sue Walsh
Sue Walsh
BHHS Vermont Realty Group/Middlebury
(802) 392-2832
68 Total Sales
11 in Rutland
$105K - $585K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2018 05/03/18 | Sold | $225,000 | 0.0% | $28 / Sq Ft |
| 02/23/2018 02/23/18 | Pending | -- | -- | -- |
| 10/16/2017 10/16/17 | For Sale | $225,000 | -- | $28 / Sq Ft |
Source: PrimeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,405 | $124,800 | $32,400 | $92,400 |
| 2024 | -- | $124,800 | $32,400 | $92,400 |
| 2023 | -- | $124,800 | $32,400 | $92,400 |
| 2022 | $4,309 | $124,800 | $32,400 | $92,400 |
| 2021 | $4,364 | $124,800 | $32,400 | $92,400 |
| 2020 | $4,325 | $124,800 | $32,400 | $92,400 |
| 2019 | $4,218 | $124,800 | $32,400 | $92,400 |
| 2018 | $3,999 | $124,800 | $32,400 | $92,400 |
| 2017 | $3,926 | $124,800 | $32,400 | $92,400 |
| 2016 | $0 | $124,800 | $32,400 | $92,400 |
| 2015 | -- | $1,248 | $0 | $0 |
| 2014 | -- | $1,248 | $0 | $0 |
| 2013 | -- | $1,248 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Kalil
Seller's Agent in 2018
Mike Kalil
Watson Realty & Associates
(802) 342-8899
79 Total Sales
Map
Source: PrimeMLS
MLS Number: 4664091
APN: 540-170-12881
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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