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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Investment properties
61 Willard St Burlington, VT 05401-3419
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US89-0144751
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1899
Total area
4,093 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RH
APN
(035) 045-2-248-000
UPID
US89-0144751
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Shadow Productions Marketing & Advertising Advertising Agency
-
Dr. Bruce C. Latelle, DDS Dental Office
-
Amazing Smiles Inc Dental Office
-
Amazing Smile Inc Dr. Brad Kline, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$928k
Blend (final)
Blend
$915k
Owner & transaction history
61 South Willard LLC · 14 yrs held
61 South Willard LLC
since 2011
Last sale
$976,347
2 recorded transactions
Zoning & alternative use
RH · Burlington, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$840,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$565,000
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $976k (Jun 7 2021)
Last sale anchor
$976k
Jun 7 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$14,041
Tax year 2022
Assessed value
$664,500
Assessed 2022
Previous assessed
$664,500
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$664,300
Assessed improvement
$200
Applied tax rate
35.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1899
Heating
FORCED AIR
Buildings
1
Stories
2
Units
3
Rooms
6
Bathrooms
3
Total area
4,093 SF
Lot
0.34 ac (14,810 SF)
Zoning code
RH
APN
(035) 045-2-248-000
UPID
US89-0144751
Jurisdiction
BURLINGTON TWP
Zoning & alternative use
RH · Burlington, VT
Zoning RH · permitted uses
RH · Burlington, VT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1899
Heating
FORCED AIR
Stories
2
Buildings
1
Units
3
Rooms
6
Bathrooms
3
Lot
0.34 ac
Current owner
From public records · entity-resolved
61 South Willard LLC
Entity
Free & Clear · 14 yrs held
Mailing address
86 LK ST, BURLINGTON, VT 05401-5297
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2011
$1
61 South Willard LLC
Kline,brad K
Grant Deed
related
—
Dec 28, 2010
—
Kline,brad
—
Grant Deed
related
$985,000 · Merchants Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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