For Sale
$375,000
67 Hadley Road, South Burlington, VT 05403
Multi-Family, South Burlington, VT
Property Size1,587 SF
Lot Size0.20 Acres
Price / SF$236.29
Days on Market18
Property Features for 67 Hadley Road
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Residential
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Basement, Bathroom 1, Bedroom 2
Parking features
Off Street, Driveway
Patio and Porch features
Deck, Porch
Exterior features
Deck, Covered Porch, Enclosed Porch
Appliances
Natural Gas Water Heater, Rented Water Heater, Tank Water Heater
Lot features
City Lot, Sidewalks, Street Lights, Near Paths, Near Shopping, Neighborhood, Near Public Transport, Near Hospital, Near School(s)
Elementary school
Orchard Elementary School
Middle school
Frederick H. Tuttle Middle Sch
High school
South Burlington High School
Elementary school district
South Burlington Sch Distict
Middle school district
South Burlington Sch Distict
High school district
South Burlington Sch Distict
Directions
From Intersection of 189 (Exit 13) and Route 7, travel north on Route 7 past Shaws, 3rd right on to Hadley Road, home on right.
Standard status
Active
Size
1,587 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
27
Tax Annual Amount
9379
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Number of units
1
Flooring type
Vinyl, Laminate, Hardwood
Building materials
Brick Exterior, Composition Exterior
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
RE/MAX North Professionals - Burlington · RE/MAX International
(802) 655-3333
Listed By:
Matt Hurlburt · License #082-0006215
(802) 655-3333
Added: Aug 12
Changed: Aug 27
Last Checked: Aug 29 at 11:06AM
MLS# 5105133
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.
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
$15,523
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
4.14%
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%
$310,460
$310.5K
Cap Rate 7%
$221,757
$221.8K
Cap Rate 9%
$172,478
$172.5K
Market Conditions
NOI Build-Up for 1,587 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
$28.6K $18.00/SF
− Vacancy
−$343 −$0.22/SF
EGI
$28.2K $17.78/SF
− OpEx
−$12.7K −$8.00/SF
NOI
$15.5K $9.78/SF
Area
Chittenden County, VT
Vacancy
1.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
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%
$310,460
Cap Rate 7%
$221,757
Cap Rate 9%
$172,478
Alternative Uses
Best Use
Apartment 5plus
$221.8K
$194.0K – $258.7K
NOI $15,523 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.3K
$380.9K – $507.8K
NOI $30,470 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
697
Businesses Nearby
Explore this area
Business Placement
Demographics for 05403, VT
20,166
Population
9,565
Households
2.1
Avg Household Size
41
Median Age
65%
College-Educated
98%
High-School Grad
16.4 sq mi
ZIP Area
1,230
Density / Sq Mi
$97,041
Median Household Income
$54,362
Median Earnings
$1,755
Median Rent
$399,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this single family property located?
The property is located at 67 Hadley Road South Burlington, VT.
What is the asking price?
The asking price for this property is $375,000.
