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    Horse Property with Renovated Barn Title is generated by Realmo AI

    126 Simeon Dean Road, Shaftsbury, VT 05262

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    For Sale
    $574,900

    Renovated farmhouse and barn with stalls, tack room, fenced pastures, and creek-and-pond access for multi-use living.

    Type:Multi Family Home
    Property size:
    2,929 SF
    Lot size:
    17.47 Acres
    Price / SF:
    $196/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:49 am

    Property Features for 126 Simeon Dean Road

    General Information

    Standard status
    Active
    Size
    2,929 SF
    Lot size
    17.47 Acres
    Property subtype
    Multi Family Home

    Building Details

    Year Built
    1800

    We can help!

    Listing Contact
    Denise Byers

    Listing agent Denise Byers

    Listing office Green Mountain Premiere Properties

    Listing date Jun 3, 2026

    Source Threehillsres

    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 Green Mountain Premiere Properties

    HighLights

    • Vintage 1800s farmhouse renovated in 2020 with electrical, heating, and lighting updates
    • Barn recently renovated with new electric, 3 built‑in 12x12 stalls, and a new loft plus heated tack room
    • 17.47 total acres with newly fenced pasture and paddocks, plus fencing around the house
    • Covered porch and patio with audible Paran Creek; adjoining access to a serene 6‑acre spring‑fed pond
    • Home currently used as a second‑story apartment/two‑family; can be reverted to a single‑family or used as in‑law living with a second kitchen
    • Grounds include mature apple trees, berries, perennials, and a volleyball court

    Overview

    This property combines a renovated vintage farmhouse with a barn suited to horse and hobby use. The barn has been recently renovated with new electric service and includes three 12-by-12 stalls, a new loft, and a heated tack room. The space can also be used as a hobby shop, antiques area, or additional storage. The home features a covered porch and patio designed for relaxing, with audible Paran Creek from the porch and nearby access to a spring-fed pond.

    The grounds include newly fenced pasture and paddocks surrounding the house for children or pets. The property also includes a total of 17.47 acres, along with a 6-acre spring-fed pond reachable via adjoining access. A historic element from the property’s past remains visible in the old grist mill foundation along the brook. Outdoors, there are established plantings including berries and perennials, mature apple trees, and a volleyball court.

    Inside and in use today, the farmhouse is presently occupied by an owner and a tenant and operates as a second-story apartment/two-family setup. The layout can be adjusted to revert back to one larger single-family home, or configured for in-law style living with a second kitchen. The residence has also been renovated in 2020 with electrical, heating, and lighting updates.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Building Supply Hotel & Motel Storage Facility Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Shaftsbury
    County
    Bennington
    State
    Vermont
    Longitude
    -73.1962294
    Latitude
    42.9598209

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    FAQs

    What type of property is this?
    Horse & equestrian property - Renovated farmhouse and barn with stalls, tack room, fenced pastures, and creek-and-pond access for multi-use living.
    Where is this horse & equestrian property located?
    The property is located at 126 Simeon Dean Road Shaftsbury, VT.
    What is the asking price?
    The asking price for this property is $574,900.
    What are key features of this property?
    This property features: Vintage 1800s farmhouse renovated in 2020 with electrical, heating, and lighting updates; Barn recently renovated with new electric, 3 built‑in 12x12 stalls, and a new loft plus heated tack room; 17.47 total acres with newly fenced pasture and paddocks, plus fencing around the house
    (802) 775-5565
    We can help!
    Listing Contact
    Denise Byers
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    126 Simeon Dean Road, Shaftsbury, VT 05262
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