New
For Sale
$1,100,000
68 Longmeadow Drive, Shelburne, VT 05482
Multi-Family, Shelburne, VT
Property Size3,600 SF
Lot Size0.69 Acres
Price / SF$305.56
Days on Market4
Property Features for 68 Longmeadow Drive
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Shelburne Road 1 District
Rooms
Basement
Lot features
Landscaped, Level, Orchards, Secluded, In Town, Near Golf Course, Near Paths, Near Shopping, Neighborhood, Near Public Transport, Near School(s), Private
Elementary school
Shelburne Community School
Middle school
Shelburne Community School
High school
Champlain Valley UHSD #15
Elementary school district
Shelburne School District
Middle school district
Shelburne School District
High school district
Shelburne School District
Directions
Rt 7 North, right onto Longmeadow (by Duncan Donuts), house is on right behind tall hedges
Standard status
Active
Size
3,600 SF
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7500
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1968
Floors in Building
2
Number of units
2
Building materials
Wood Frame, Brick Exterior, Clapboard Exterior, Wood Siding
Roof type
Shingle
Architectural style
Ranch
Listing Agency:
EXP Realty
(833) 388-2480
Listed By:
Scott Hardy
(802) 868-6367
Added: Oct 16
Last Checked: Oct 19 at 9:06PM
MLS# 5114680
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,761
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,220
$795.2K
Cap Rate 7%
$568,014
$568.0K
Cap Rate 9%
$441,789
$441.8K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$57.5K $15.96/SF
− Vacancy
−$655 −$0.18/SF
EGI
$56.8K $15.78/SF
− OpEx
−$17.0K −$4.73/SF
NOI
$39.8K $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%
$795,220
Cap Rate 7%
$568,014
Cap Rate 9%
$441,789
Alternative Uses
Best Use
Multifamily LT 5
$568.0K
$497.0K – $662.7K
NOI $39,761 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$503.0K
$440.2K – $586.9K
NOI $35,212 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$987.4K
$864.0K – $1.15M
NOI $69,120 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 05482, VT
7,751
Population
3,596
Households
2.2
Avg Household Size
48
Median Age
69%
College-Educated
97%
High-School Grad
24.3 sq mi
ZIP Area
319
Density / Sq Mi
$115,019
Median Household Income
$71,660
Median Earnings
$1,244
Median Rent
$515,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
Where is this residential land & home lot located?
The property is located at 68 Longmeadow Drive Shelburne, VT.
What is the asking price?
The asking price for this property is $1,100,000.
