Overview
- Updated On:
- June 10, 2026
- Duplex
- Category
- 921764
- Property ID
- 4
- Bedrooms
- 4
- Bathrooms
- 1,796 ft2
- Property Size
Description
***Open House Sunday, 6/14, from 10:30 – 12:00*** Halfmoon duplex in the Shenendehowa district — premium spec, privately set on ~1 acre far back from the road. Two 2BR/2BA units with finished basement, attached garage per unit, in-unit laundry, and central air (2016). One unit includes a generator. Separately metered — tenants pay all utilities.
$4,380/month current rents. $37,785 NOI, $405/month cash flow — self-managed. Unit 1 is $400/month below the $2,400 area market rate. At market rents: 7.74% cap rate, $803/month cash flow.
For the owner-occupant: live in Unit 1, collect Unit 2 rent — net housing cost as low as $652/month versus $2,100+ to rent comparable in Halfmoon. Priced at $275K/unit, Shenendehowa school district. Pro Forma available upon request.
- Principal and Interest
- Property Tax
- HOA fee
