Lawrence Zupan
EXP Realty
(802) 856-8301
41 Total Sales
3 in Rutland
$180K - $539K Price Range
55 Prospect St Rutland, VT 05701
Rutland AreaEstimated Value: $221,000 - $382,000
9
Beds
4
Baths
3,591
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- High Speed Internet
- Walk-Up Access
- 1-minute walk to Justin Thomas Playground
About This Home
As of November 2024Great opportunity for owner occupant and collect rents as an income, when all rented your gross yearly income is over $72K and net over $45K a year , Cap Rate at the full price is over 13% . Great location walking distance to shopping and restaurants, this property is great for traveling nurses, or ski resort workers, another potential is use some units as Air B & B property has been maintained well no deferred maintenance, many recent update. including unit renovations, even though the owner is paying oil expense for the heat, it does have Separate utilities if you choose to go that route and have tenants pay for their own heat, great rental history for that location .
Last Agent to Sell the Property
Watson Realty & Associates License #081.0095645 Listed on: 06/20/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,719
Year Built
- Built in 1864
Lot Details
- 9,148 Sq Ft Lot
- Lot Sloped Up
Home Design
- Converted Dwelling
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Asphalt
Interior Spaces
- 4 Full Bathrooms
- 3,591 Sq Ft Home
- 2-Story Property
Unfinished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
- Connecting Stairway
Parking
- 5 Car Parking Spaces
- Gravel Driveway
- Unpaved Parking
- Off-Street Parking
- Unassigned Parking
Location
- City Lot
Schools
- Northwest Primary Elementary School
- Rutland Middle School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Separate Meters
- 220 Volts
- 100 Amp Service
- Oil Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 0.21
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $25,937
- Gross Income $72,564
- Net Operating Income $46,627
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
Jun 20, 2024
Closed on
Nov 15, 2024
Sold by
Box Properties Llc
Bought by
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Mike Kalil
Watson Realty & Associates
List Price
$350,000
Sold Price
$350,000
Views
40
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
-$52,546
Avg. Annual Appreciation
-4.99%
Purchase Details
Listed on
Mar 1, 2021
Closed on
Apr 15, 2021
Sold by
Driscoll David J
Seller's Agent
Mike Kalil
Watson Realty & Associates
Buyer's Agent
Mike Kalil
Watson Realty & Associates
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.30%
Purchase Details
Listed on
Sep 12, 2011
Closed on
Jan 23, 2012
Sold by
Coughlin Charles T
Bought by
Driscoll David
Seller's Agent
James Watson
Watson Realty & Associates
Buyer's Agent
Rhonda Nash
Welcome Home Real Estate
List Price
$142,000
Sold Price
$138,000
Premium/Discount to List
-$4,000
-2.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.61%
Purchase Details
Closed on
Dec 31, 2010
Sold by
Todriff Harrison and Todriff Kelley
Bought by
Coughlin Charles T
Purchase Details
Closed on
Jan 2, 2007
Sold by
Coughlin Charles T
Bought by
Toddriff Harrison and Todriff Kelley
Purchase Details
Closed on
Jun 7, 2001
Sold by
Coughlin Harold J
Bought by
Coughlin Charles T
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rutland, VT
-
Lawrence Zupan
-
Justin Ranney
Justin Ranney
Coldwell Banker Homes Unlimited
(802) 526-6944
89 Total Sales
1 in Rutland
$300,000 Price
-
Margretta Fischer
Margretta Fischer
Wohler Realty Group
(802) 944-4455
240 Total Sales
2 in Rutland
$78K - $460K Price Range
-
Alison Cummings
Alison Cummings
Responds QuicklyCummings & Co
(802) 797-7769
82 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
-
Lisa Kelley
Lisa Kelley
Cummings & Co
(802) 499-2954
143 Total Sales
16 in Rutland
$100K - $679K Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $350,000 | -- | ||
| -- | $175,000 | -- | |
| Driscoll David | $138,000 | -- | |
| Coughlin Charles T | -- | -- | |
| Toddriff Harrison | $143,000 | -- | |
| Coughlin Charles T | $85,000 | -- |
Source: Public Records
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $350,000 | 0.0% | $97 / Sq Ft | |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- | |
| 09/03/2024 09/03/24 | For Sale | $350,000 | 0.0% | $97 / Sq Ft | |
| 06/26/2024 06/26/24 | Pending | -- | -- | -- | |
| 06/20/2024 06/20/24 | For Sale | $350,000 | +100.0% | $97 / Sq Ft | |
| 04/15/2021 04/15/21 | Sold | $175,000 | -2.2% | $49 / Sq Ft | View Prior Sale |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- | |
| 03/01/2021 03/01/21 | For Sale | $179,000 | +29.7% | $50 / Sq Ft | |
| 01/24/2012 01/24/12 | Sold | $138,000 | -2.8% | $38 / Sq Ft | View Prior Sale |
| 09/27/2011 09/27/11 | Pending | -- | -- | -- | |
| 09/12/2011 09/12/11 | For Sale | $142,000 | -- | $40 / 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 | $2,552 | $132,400 | $35,700 | $96,700 |
| 2024 | -- | $132,400 | $35,700 | $96,700 |
| 2023 | -- | $132,400 | $35,700 | $96,700 |
| 2022 | $4,572 | $132,400 | $35,700 | $96,700 |
| 2021 | $4,630 | $132,400 | $35,700 | $96,700 |
| 2020 | $4,588 | $132,400 | $35,700 | $96,700 |
| 2019 | $4,475 | $132,400 | $35,700 | $96,700 |
| 2018 | $0 | $132,400 | $35,700 | $96,700 |
| 2017 | $4,336 | $137,600 | $35,700 | $101,900 |
| 2016 | $0 | $137,600 | $35,700 | $101,900 |
| 2015 | -- | $1,376 | $0 | $0 |
| 2014 | -- | $1,376 | $0 | $0 |
| 2013 | -- | $1,376 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Kalil
Seller's Agent in 2024
Mike Kalil
Watson Realty & Associates
(802) 342-8899
80 Total Sales
-
JW
Seller's Agent in 2012
James Watson
Watson Realty & Associates
-
Rhonda Nash
Buyer's Agent in 2012
Rhonda Nash
Welcome Home Real Estate
(802) 353-7075
91 Total Sales
Map
Source: PrimeMLS
MLS Number: 5001759
APN: 540-170-11223
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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