Two-Unit Duplex with One-Car
For Sale
$289,900
1111 Fort Hunter Road, Rotterdam, NY 12303
MULTI_FAMILY - Rotterdam, NY
Property Size1,644 SF
Lot Size0.49 Acres
Price / SF$176.34
Days on Market92
Property Features for 1111 Fort Hunter Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
Parking
4
Parking features
Garage, Driveway, Off Street
Patio and Porch features
Porch
Interior features
Paddle Fan
Basement
Full
Lot features
Level, Landscaped
Elementary school district
Mohonasen
Middle school district
Mohonasen
High school district
Mohonasen
Directions
Curry Rd to Fort Hunter Rd
Standard status
Active
APN
422800 59.18-2-41 01
Size
1,644 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Annual Amount
3534
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Hot Water(Heating)
Water source
Public
Building Details
Year built
1930
Number of units
2
Flooring type
Hardwood, Laminate
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
Howard Hanna Capital Inc
(518) 370-3170
Listed By:
John P Digesualdo · License #10301209600
(518) 281-5612
Added: May 28
Changed: Aug 17
Last Checked: Aug 27 at 2:06AM
MLS# 202618307
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1111 Fort Hunter Road, Rotterdam, NY 12303, this two-unit duplex sits on 0.49 acres and was built in 1930. The first-floor unit features two bedrooms and one bathroom. The second-floor unit offers one bedroom, one bathroom, plus a full kitchen and living room.
The property includes a one-car garage, driveway and off-street parking, and a porch. Interior finishes include laminate and hardwood flooring, and the home has paddle fan interior features. Construction is vinyl siding with an asphalt roof, and heating is natural gas hot water.
Utilities include public water and a septic tank. The total property size is 1,644 square feet.
The property includes a one-car garage, driveway and off-street parking, and a porch. Interior finishes include laminate and hardwood flooring, and the home has paddle fan interior features. Construction is vinyl siding with an asphalt roof, and heating is natural gas hot water.
Utilities include public water and a septic tank. The total property size is 1,644 square feet.
Key Highlights
- 0.49‑acre lot with two‑unit duplex built in 1930
- First‑floor unit: two bedrooms and one bathroom
- Second‑floor unit: one bedroom, one bathroom, full kitchen and living room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,722
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,440
$374.4K
Cap Rate 7%
$267,457
$267.5K
Cap Rate 9%
$208,022
$208.0K
Market Conditions
NOI Build-Up for 1,644 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$28.6K $17.40/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$26.7K $16.27/SF
− OpEx
−$8.0K −$4.88/SF
NOI
$18.7K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$374,440
Cap Rate 7%
$267,457
Cap Rate 9%
$208,022
Alternative Uses
Best Use
Multifamily LT 5
$267.5K
$234.0K – $312.0K
NOI $18,722 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$239.9K
$209.9K – $279.9K
NOI $16,793 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$492.1K
$430.6K – $574.1K
NOI $34,445 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
Business Placement
Demographics for 12303, NY
30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom and one-bedroom layouts in a 1930 duplex with porch, asphalt roof, and natural gas hot water heat.
Where is this duplex located?
The property is located at 1111 Fort Hunter Road Rotterdam, NY.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 0.49‑acre lot with two‑unit duplex built in 1930; First‑floor unit: two bedrooms and one bathroom; Second‑floor unit: one bedroom, one bathroom, full kitchen and living room
