Duplex With Two-Bedroom Accessory
For Sale
$569,000
12 Mountain View Rd, Jericho, VT 05465
Flexible layout includes a fully equipped two-bedroom accessory dwelling unit and multiple living areas.
Property Size2,646 SF
Price / SF$215.04
Days on Market9
Property Features for 12 Mountain View Rd
General Information
Standard status
Active
Size
2,646 SF
Property subtype
Multi-Family
Building Details
Year Built
1960
Listing Agency:
Signature Properties of Vermont
(802) 871-8881
Listed By:
Andrea Hossley
Source:
603luxury
Added: Aug 22
Changed: Aug 28
Last Checked: Aug 29 at 12:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Properties of Vermont
Investment Insights
Based on property information with market context.
This Jericho duplex property pairs a primary residence with a fully equipped two-bedroom accessory dwelling unit. The main home includes an eat-in kitchen with an antique stove, a living room with fireplace, a large family room, one first-floor bedroom, and three additional bedrooms upstairs. A lower-level workshop and substantial storage add practical utility. Recent improvements include a newer roof and a heat pump water heater.
The property is located at 12 Mountain View Rd in Jericho, Vermont, less than half a mile from The Jericho Café & Tavern, Stone’s Throw Pizza & Wine, Joe’s Snack Bar, and the Old Mill Park trails. Mature trees surround the backyard, which provides outdoor space for entertaining, gardening, or relaxing.
The property is located at 12 Mountain View Rd in Jericho, Vermont, less than half a mile from The Jericho Café & Tavern, Stone’s Throw Pizza & Wine, Joe’s Snack Bar, and the Old Mill Park trails. Mature trees surround the backyard, which provides outdoor space for entertaining, gardening, or relaxing.
Key Highlights
- Fully equipped two‑bedroom accessory dwelling unit
- Main residence includes 4 bedrooms across the first and second floors
- Eat‑in kitchen features an antique stove; living room includes a fireplace
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
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Flexible layout includes a fully equipped two-bedroom accessory dwelling unit and multiple living areas.
Where is this duplex located?
The property is located at 12 Mountain View Rd 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: Fully equipped two‑bedroom accessory dwelling unit; Main residence includes 4 bedrooms across the first and second floors; Eat‑in kitchen features an antique stove; living room includes a fireplace
