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    Ready-to-Build Hillside Home Lot Title is generated by Realmo AI

    119 Advent Hill Road, Hartland, VT 05048

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    Claim this Listing
    For Sale
    $195,000

    LAND - Hartland, VT

    Lot size:
    3.41 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    99
    Last Refresh:
    Jun 5 at 8:06 am

    Property Features for 119 Advent Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Town Plan
    Standard status
    Active
    Lot size
    3.41 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2010

    Utilities

    Utilities
    Phone Available
    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    John Bassette

    Listing agent John Bassette

    Listing office Bassette Real Estate Group 611 Rte 12, Hartland, VT

    Listing date Feb 26, 2026

    MLS# 5077715 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3.41‑acre fully surveyed parcel in Hartland with a selectively cleared open house/building site
    • Open site positioned for big hillside vistas overlooking abutting fields and pastureland
    • Septic design plus a State of Vermont wastewater permit approval already completed
    • Road and driveway are in place; power is nearby with one additional already‑approved pole for connection
    • Utilities listed as phone available; well and septic are needed
    • Direct access to the VAST snowmobile trail next door (not on or through), plus nearby year‑round recreation

    Overview

    This for-sale homesite is a 3.41-acre hillside parcel in Hartland, VT, fully surveyed and comprised of mature hardwoods. A selectively cleared and laid-out area provides a defined open house building site, positioned to capture big views over abutting fields and pastureland. The property includes a road and driveway already in place, and power is nearby with one additional, already approved pole connection needed. Solar exposure is identified for the building site, supporting outdoor and garden-oriented plans.

    The property’s hillside setting offers privacy while maintaining direct access to the VAST snowmobile trail next door, without the trail running through the parcel. Septic design and a State of Vermont wastewater permit approval are referenced in the remarks, indicating substantial upfront site planning has already been completed. The land is located within minutes of Hartland Village amenities, with access to the greater Upper Valley area for work and recreation.

    For buyers planning a new build, this lot’s combination of a prepared driveway/road, approved wastewater planning, and a defined cleared site can help reduce early development steps. It is positioned for those who want a rural setting among higher-end nearby properties while still having convenient access to Hartland services and regional destinations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hartland
    County
    Windsor
    State
    Vermont
    Longitude
    -72.4388229
    Latitude
    43.5863217

    FAQs

    What type of property is this?
    Residential land & home lot - A fully surveyed hillside parcel with a cleared building site, solar exposure, and approved wastewater planning.
    Where is this residential land & home lot located?
    The property is located at 119 Advent Hill Road Hartland, VT.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 3.41‑acre fully surveyed parcel in Hartland with a selectively cleared open house/building site; Open site positioned for big hillside vistas overlooking abutting fields and pastureland; Septic design plus a State of Vermont wastewater permit approval already completed
    (802) 457-2244
    We can help!
    Listing Contact
    John Bassette
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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