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    96 Chester Rd Springfield, VT 05156

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    For Sale
    $314,000

    Multifamily property featuring five units and three garage spaces.

    Lot size:
    0.30 Acres

    Property Features for 96 Chester Rd

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1945

    Source: Town and Country Realty Agent Don Chabot

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Five-Unit Multifamily Property

    This multifamily property features five units and three garage spaces. The unit mix includes three 2-bedroom units, one 3-bedroom unit, and one 1-bedroom unit. The actual capitalization rate is 11.55%, with a pro forma capitalization rate of 14.29%.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Windsor
    State
    Vermont
    Longitude
    -72.5052036
    Latitude
    43.3007081

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property featuring five units and three garage spaces.
    Where is this apartment building located?
    The property is located at 96 Chester Rd Springfield, VT.
    What is the asking price?
    The asking price for this property is $314,000.
    What are key features of this property?
    This property features: - High Actual Cap Rate: 11.55%; - Potential for Higher Cap Rate: Proforma Cap 14.29%; - Multiple Units: 5 Units (3- 2 BR, 1- 3 BR, 1- 1 BR)
    (603) 542-5188
    Request Owner's contact information
    96 Chester Rd Springfield, VT 05156
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    Springfield, VT 05156
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    Realmo Value Estimation

    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.

    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.

    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
    96 Chester Rd Springfield, VT 05156
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