Building Details

Year Built 1960

Listing Agency: Signature Properties of Vermont Show Phone

Listed By: Andrea Hossley · License #Andrea Hossley Show Phone

Source: Longviewcre

Added: Aug 4 Changed: Oct 29 Last Checked: Oct 29 at 2:50PM

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Investment Insights

Based on property information with market context.

This 2,646-square-foot duplex, built in 1960, pairs a four-bedroom main home with a two-bedroom accessory dwelling unit. The main residence has an eat-in kitchen with an antique stove, a living room with a fireplace, and a large family room. One bedroom is on the first floor, with three more upstairs. A lower-level workshop and storage add functional space, while a newer roof and heat pump water heater are among the recent updates.

The property is less than half a mile from The Jericho Café & Tavern, Stone’s Throw Pizza & Wine, Joe’s Snack Bar, and the trails at Old Mill Park. Mature trees frame the backyard, which also offers room for outdoor activities.

Key Highlights

• 2,646‑square‑foot duplex built in 1960
• Two‑bedroom accessory dwelling unit alongside a four‑bedroom main home
• Main home includes an eat‑in kitchen, fireplace, and separate family room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,224

Cap Rate

5.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$584,480 $584.5K

Cap Rate 7%

$417,486 $417.5K

Cap Rate 9%

$324,711 $324.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,646 SF

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 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 (±1% cap)

NOI $29,224 @ 7.0% cap · market cap 5.14%

Second Best

Apartment 5plus

$369.7K

$323.5K – $431.4K (±1% cap)

NOI $25,881 @ 7.0% cap · market cap 4.55%

Theoretical Best

Office A

$725.8K

$635.0K – $846.7K (±1% cap)

NOI $50,803 @ 7.0% cap · market cap 8.93%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - A separate living space complements the main home’s four-bedroom layout and generous shared areas.

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: 2,646‑square‑foot duplex built in 1960; Two‑bedroom accessory dwelling unit alongside a four‑bedroom main home; Main home includes an eat‑in kitchen, fireplace, and separate family room