209 Summit St Boonville, NY 13309
MULTI_FAMILY - Boonville, NY
Property Features for 209 Summit St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 4, Laundry Room, Bathroom 2
- Parking features
- Driveway
- Patio and Porch features
- Patio
- Interior features
- Entrance Foyer, Master Downstairs
- Standard status
- Active
- Size
- 2,984 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1931
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wood, Forced Air, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Flooring type
- Linoleum, Laminate
- Building materials
- Wood Siding
- Roof type
- Asphalt
Listing agent Nicholas R Polce (315) 831-8778
Listing office GATEWAY PROPERTIES OF UPSTATE NY INC 10202 JOSLYN RD POB 155, ALDER CREEK, NY (315) 831-8778
Listing date Jun 10, 2026
Copyright © 2026 My State MLS. 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.
The property is located in Boonville, near downtown amenities, schools, and outdoor recreation. It is also described as being just minutes from the Boonville Oneida County Fairgrounds, supporting convenient access to local community activity.
The duplex is suited for investors seeking two independent rental configurations and for owner-occupants who want the option to offset housing costs with a second unit. With separate electric and gas metering and dedicated laundry areas in each apartment, day-to-day management can be straightforward. The mix of apartment sizes may appeal to a range of tenants, including households that need additional bedrooms.
Key Highlights
- Two‑unit duplex with first‑floor unit offering 2 bedrooms and 1 full bath; second‑floor unit offering 3 bedrooms and 1 full bath
- Electric and gas are separately metered for each unit
- Both units include their own laundry areas and come complete with appliances
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.3k | $16.20 |
| − Vacancy | −$3.2k | −$1.06 |
| EGI | $45.2k | $15.14 |
| − OpEx | −$20.3k | −$6.81 |
| NOI | $24.8k | $8.32 |
