Duplex with Accessory Dwelling
For Sale
$569,000
12 Mountain View Road, Jericho, VT 05465
Multi-Family, Jericho, VT
Property Size2,646 SF
Lot Size0.52 Acres
Price / SF$215.04
Days on Market50
Property Features for 12 Mountain View Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
JCOR
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 2, Basement, Bathroom 1, Bedroom 2
Parking features
Driveway, Garage
Patio and Porch features
Deck
Exterior features
Deck
Appliances
Water Heater
Lot features
Country Setting
Elementary school
Jericho Elementary School
Middle school
Browns River Middle USD #17
High school
Mt. Mansfield USD #17
Elementary school district
Mount Mansfield USD 17
Middle school district
Mount Mansfield USD 17
High school district
Mount Mansfield USD 17
Standard status
Active
Size
2,646 SF
Lot size
0.52 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6951
Utilities
Utilities
Cable Available
Sewer type
Holding Tank
Heating system
Propane (Heating), Forced Air, Kerosene, Baseboard
Water source
Public
Amenities
fireplace
workshop
backyard
Building Details
Year built
1960
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic, Hardwood, Carpet
Building materials
Wood Frame
Roof type
Shingle
Architectural style
Other
Listing Agency:
Signature Properties of Vermont
(802) 872-8881
Listed By:
Andrea Hossley
(802) 871-8881
Added: Aug 4
Changed: Sep 12
Last Checked: Sep 22 at 6:06PM
MLS# 5103233
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.
Investment Insights
Based on property information with market context.
This 1960 duplex property contains 2646 square feet on a 0.52-acre lot in Jericho. The primary residence offers an eat-in kitchen with an antique stove, a living room with fireplace, a family room, one first-floor bedroom, and three additional bedrooms upstairs. A two-bedroom accessory dwelling unit adds a second residential component under the same roof. The lower level includes a workshop and substantial storage, while a deck and tree-lined backyard extend the usable living environment outdoors. Recent improvements include a newer roof and heat pump water heater.
The property is zoned JCOR and includes a garage and driveway for parking. Public water serves the property, with a holding tank for sewer service. The home is located at 12 Mountain View Road, less than half a mile from The Jericho Cafe & Tavern, Stone's Throw Pizza & Wine, Joe's Snack Bar, and Old Mill Park trails.
The property is zoned JCOR and includes a garage and driveway for parking. Public water serves the property, with a holding tank for sewer service. The home is located at 12 Mountain View Road, less than half a mile from The Jericho Cafe & Tavern, Stone's Throw Pizza & Wine, Joe's Snack Bar, and Old Mill Park trails.
Key Highlights
- Two‑bedroom accessory dwelling unit included with the primary residence
- 2646 square feet on a 0.52‑acre lot
- Primary home includes 1 first‑floor bedroom and 3 second‑floor bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,224
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$584,480
$584.5K
Cap Rate 7%
$417,486
$417.5K
Cap Rate 9%
$324,711
$324.7K
Market Conditions
NOI Build-Up for 2,646 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$42.2K $15.96/SF
− Vacancy
−$481 −$0.18/SF
EGI
$41.7K $15.78/SF
− OpEx
−$12.5K −$4.73/SF
NOI
$29.2K $11.04/SF
Area
Chittenden County, VT
Vacancy
1.14%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$584,480
Cap Rate 7%
$417,486
Cap Rate 9%
$324,711
Alternative Uses
Best Use
Multifamily LT 5
$417.5K
$365.3K – $487.1K
NOI $29,224 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$369.7K
$323.5K – $431.4K
NOI $25,881 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$725.8K
$635.0K – $846.7K
NOI $50,803 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 05465, VT
5,587
Population
2,292
Households
2.4
Avg Household Size
45
Median Age
65%
College-Educated
98%
High-School Grad
58.5 sq mi
ZIP Area
96
Density / Sq Mi
$116,786
Median Household Income
$56,870
Median Earnings
$1,721
Median Rent
$460,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Flexible residential layout pairs a primary home with additional living quarters and adaptable interior spaces.
Where is this duplex located?
The property is located at 12 Mountain View Road Jericho, VT.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑bedroom accessory dwelling unit included with the primary residence; 2646 square feet on a 0.52‑acre lot; Primary home includes 1 first‑floor bedroom and 3 second‑floor bedrooms
