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    Historic Farmhouse with Acreage Title is generated by Realmo AI

    15 Daniels Road W, Albany, VT 05845

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    For Sale
    $299,000

    MULTI_FAMILY - Other - Albany, VT

    Property size:
    2,842 SF
    Lot size:
    2.70 Acres
    Price / SF:
    $105/SF
    Added:
    May 13, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for 15 Daniels Road W

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4, Basement, Bedroom 2
    Standard status
    Active
    Size
    2,842 SF
    Lot size
    2.70 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Propane (Heating), Oil
    Water source
    Well

    Building Details

    Year built
    1830
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Laminate
    Building materials
    Wood Frame, Vinyl Siding, Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Stephanie Lussier

    Listing agent Stephanie Lussier

    Listing office RE/MAX All Seasons Realty - Lyndonville 470 Broad Street., Lyndonville, VT

    Listing date May 13, 2026

    MLS# 5088751 Listing URL

    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.

    HighLights

    • Vermont farmhouse on 2.7+/- acres in the historic center of Albany
    • Built in 1830 with classic farmhouse character
    • Wood frame with vinyl and wood siding; metal roof
    • Heating includes propane and oil; well water; cable available
    • Flooring: hardwood and laminate
    • Layout includes 4 bedrooms, 2 bathrooms, and a basement; former RV hook‑up site noted

    Overview

    Set in the historic center of Albany, this classic Vermont farmhouse offers character, indoor living space, and open acreage on 2.7+/- acres. The property’s setting supports a range of homestead and country-home uses, with space described as suitable for gardening, hobby farming, recreation, or simply enjoying the rural setting. In addition, the remarks note a former RV hook-up site and the possibility for an additional structure or expanded use with appropriate state permits and approvals.

    The property is located in Orleans County, in the heart of the Northeast Kingdom, and is described as being between Craftsbury and Albany. The listing also highlights convenient access to regional four-season destinations, along with proximity to Craftsbury Outdoor Center and the “Genny” country store and gathering spots in both Craftsbury and Albany.

    For buyers seeking a Vermont homestead, country home, or other flexible ownership, this farmhouse combines a traditional village-center feel with acreage and outdoor versatility. The listing also references “no local zoning in Albany,” which may be relevant to how future uses are considered, subject to state permits and approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Map

    City
    Albany
    County
    Orleans
    State
    Vermont
    Longitude
    -72.34915
    Latitude
    44.736466

    FAQs

    What type of property is this?
    Single family property - Historic Vermont farmhouse on 2.7+/- acres with flexible outdoor space and a former RV hook-up site.
    Where is this single family property located?
    The property is located at 15 Daniels Road W Albany, VT.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Vermont farmhouse on 2.7+/- acres in the historic center of Albany; Built in 1830 with classic farmhouse character; Wood frame with vinyl and wood siding; metal roof
    (802) 626-4343
    We can help!
    Listing Contact
    Stephanie Lussier
    Request Owner's contact information
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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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