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    Multifamily Property with Cottage
    Updated: May 30, 2023
    Multifamily Property with Cottage

    177 East Lake Boulevard, Mahopac, NY 10541

    $2,200,000
    6,117 sqft 0.80 AC lot
    7 one‑bedroom apartments plus a separate 3‑bedroom cottage
    6,117.00 square feet on 0.8 ACRES
    Majority of rent paid through the Government Section 8 program
    Level grounds with lawns, trees, parking, and partially wooded areas
    Front entrance with an ornamental stone fireplace
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    This listing looks promising.

    Here's a quick look at some key insights for

    177 East Lake Boulevard, Mahopac, NY 10541

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $150K
      Annual

    • Price @ 7% Cap

      $2.14M
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1981
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mahopac, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Property with Five Dwellings
    Multifamily Property with Five Dwellings

    292-300 Croton Falls Road, Carmel, NY 10541

    Contact for pricing
    8,084 sqft 9.77 AC lot

    Residential income property with five dwellings plus two barn structures, well house, and shed buildings across two tax parcels.

    View details
    Lakefront Multifamily Investment Opportunity
    Lakefront Multifamily Investment Opportunity

    1860 E Main Street, Mohegan Lake, NY 10547

    $4,250,000
    4.36 AC lot

    17-unit multifamily property with expansion potential on 4.36 acres.

    View details
    Mohegan Lake Multifamily Opportunity
    Mohegan Lake Multifamily Opportunity

    3155 Lexington Ave 18AB, Mohegan Lake, NY 10567

    $98,000
    4.20 AC lot

    Multifamily property in Mohegan Lake, NY for sale.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    16 Anna Ct, Carmel, NY 10512

    Contact for pricing

    Apartment property with a 2021 roof, garage space, driveway parking, and additional storage.

    View details

    Mahopac, NY Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Mahopac, NY on our real estate platform. These investment opportunities span a total of 6,117 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for two-family homes in Mahopac, NY average $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 26K
    Population Growth (5Y) -2.0%
    Median Household Income $133,929
    College Educated 62.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.17%
    Property Tax per SF $22.12 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Putnam County

    New Delisted

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    Featured Mahopac Real Estate Agencies

    Realmo connects you with licensed Mahopac CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Exprop Real Estate, Inc.
    10 McMahon Place Mahopac, NY 10541
    Phone: 18456280566
    exproprealestate.com

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