Updated Duplex with Fenced
For Sale
$249,900
19 Elm Street, Whitesboro, NY 13492
Residential, Whitesboro, NY
Property Size1,722 SF
Lot Size0.13 Acres
Price / SF$145.12
Days on Market27
Property Features for 19 Elm Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential 2 Unit
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 2
Parking features
Garage, Open
Interior features
CeilingFans
Exterior features
FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Lot features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Whitesboro
Middle school district
Whitesboro
High school district
Whitesboro
Subdivision
Whitesboro-Village-307003
Standard status
Active
APN
307003-305-010-0002-052-000-0000
Size
1,722 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
4493
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Number of units
2
Flooring type
Varies, Laminate, Vinyl, Hardwood
Building materials
VinylSiding, CopperPlumbing, PexPlumbing
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Coldwell Banker Faith Properties · Coldwell Banker Real Estate
(315) 735-2222
Listed By:
Shawn Balio · License #40BA1015018
(315) 794-1616
Added: Aug 3
Changed: Aug 19
Last Checked: Aug 29 at 12:06PM
MLS# S1703814
Copyright © 2026 New York State Alliance of MLSs, LLC. 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.
This 1,722-square-foot duplex, built in 1925, offers two residential living levels with bedrooms, bathrooms, and a full basement. Interior improvements include luxury vinyl and replacement flooring, stainless appliances, updated baths, replacement windows, and vinyl siding. The basement includes an additional toilet and provides substantial unfinished space for storage or other uses. Forced-air natural-gas heating and central air serve the home, with public water, copper and PEX plumbing, and an asphalt roof.
The property occupies 0.1326 acres at 19 Elm Street in Whitesboro, Oneida County, New York. Exterior features include a fully fenced yard, garage parking, and open parking. The two-family configuration supports separate household arrangements within the same building.
The property occupies 0.1326 acres at 19 Elm Street in Whitesboro, Oneida County, New York. Exterior features include a fully fenced yard, garage parking, and open parking. The two-family configuration supports separate household arrangements within the same building.
Key Highlights
- Two‑family duplex with 1,722 square feet of living area
- 0.1326‑acre parcel at 19 Elm Street, Whitesboro
- Updated baths, replacement windows, vinyl siding, and refreshed flooring
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
$15,597
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
6.24%
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%
$311,940
$311.9K
Cap Rate 7%
$222,814
$222.8K
Cap Rate 9%
$173,300
$173.3K
Market Conditions
NOI Build-Up for 1,722 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
$23.8K $13.80/SF
− Vacancy
−$1.5K −$0.86/SF
EGI
$22.3K $12.94/SF
− OpEx
−$6.7K −$3.88/SF
NOI
$15.6K $9.06/SF
Area
Oneida County, NY
Vacancy
6.24%
Lease Rate
$13.80 /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%
$311,940
Cap Rate 7%
$222,814
Cap Rate 9%
$173,300
Alternative Uses
Best Use
Multifamily LT 5
$222.8K
$195.0K – $260.0K
NOI $15,597 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$204.8K
$179.2K – $238.9K
NOI $14,335 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$453.8K
$397.1K – $529.4K
NOI $31,765 @ 7.0% cap · market cap 12.71%
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
399
Businesses Nearby
Explore this area
Business Placement
Demographics for 13492, NY
11,457
Population
4,983
Households
2.3
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
15.3 sq mi
ZIP Area
749
Density / Sq Mi
$84,543
Median Household Income
$48,005
Median Earnings
$920
Median Rent
$192,200
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-family layout with refreshed interiors, natural-gas heating, central air, and a fenced outdoor area.
Where is this duplex located?
The property is located at 19 Elm Street Whitesboro, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑family duplex with 1,722 square feet of living area; 0.1326‑acre parcel at 19 Elm Street, Whitesboro; Updated baths, replacement windows, vinyl siding, and refreshed flooring
