Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    21 Rundel Park Rochester, NY 14607

    Sponsored
    For Sale
    $499,900

    MULTI_FAMILY - Other - Rochester, NY

    Property size:
    3,882 SF
    Lot size:
    0.12 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 21 at 8:06 am

    Property Features for 21 Rundel Park

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security
    Window features
    Skylight(s), Wood Frames
    Rooms
    Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Basement, Bedroom 7, Bedroom 5
    Bedrooms
    7
    Bathrooms
    4
    APN
    261400-121-270-0002-028-000-0000
    Parking features
    Garage, Open
    Patio and Porch features
    Patio
    Interior features
    Attic, CeilingFans, CathedralCeilings, Skylights, NaturalWoodwork, ProgrammableThermostat
    Exterior features
    FullyFenced, Patio
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    ElectricWaterHeater, GasWaterHeater
    Size
    3,882 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas, Electric (Heating), Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood, Carpet, Tile
    Building materials
    WoodSiding, CopperPlumbing
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Susan Glenz

    Keller Williams Realty Greater Rochester (585) 362-8900 [email protected]

    Listing agent Susan E. Glenz (585) 362-8900 License #10301214679

    Listing date Jan 15, 2026

    MLS# R1656749 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Victorian Duplex in Arts District

    This Victorian duplex is located in Rochester's Neighborhood of the Arts, situated on a quiet street known for its park-like center malls. The property is near University Ave and the ArtWalk district, with proximity to East Avenue and the Park Ave neighborhood, local galleries, museums, eateries, and shops. The property features a blend of modern amenities and original character. The front unit, suitable for an owner-occupant, includes a spacious covered front porch, a grand foyer with woodwork, crown molding, stained glass, and hardwood floors. Leaded glass doors lead to the living room and formal dining room, which features a wood-burning fireplace. The updated kitchen has cherry cabinetry, granite counters, a tiled backsplash, stainless steel appliances, a breakfast bar, and a butler's pantry, with access to a fenced-in rear yard with a paver patio and gardens. A first-floor powder room is included. The second floor offers two bedrooms, laundry facilities, an updated bathroom, and a landing area. The primary suite on the third floor includes an updated en-suite bath and walk-in closets. The rear unit has been renovated with an open floor plan in the kitchen and dining area. Upstairs, there are two or three bedrooms and a full bathroom. This apartment is currently rented with long-term tenants for $1,450 per month and tenants have access to a full basement for storage and private laundry. The property includes separate gas and electric meters, a two-car garage, new water tanks from 2019 and 2022, a full tear-off roof from 2019, and exterior paint from 2019. The lot size is 0.12 acres, and the property size is 3,882 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Monroe
    State
    New York
    Longitude
    -77.585155
    Latitude
    43.154968

    Nearby Similar for Sale

    • New
      $300,000
      3,726 SF

      Victorian Triplex in Historic Neighborhood

      Sprawling Victorian triplex in Rochester's Historic Park Avenue Neighborhood.
      2 Thayer St, Rochester, NY 14607
      View Details
    • New
      $1,700,000
      18,540 SF

      Rochester Multifamily Investment Opportunity

      Well-maintained 26-unit building with recent updates and income potential.
      189-199 Lake Ave, Rochester, NY 14608
      View Details
    • $164,900
      Pending

      Upgraded Two-Family Home Investment Opportunity

      Turnkey two-family home with refined updates and dependable cash flow.
      1567 E Main St, Rochester, NY 14609
      View Details
    • $134,900
      Pending

      Upgraded Two-Family Home

      Move-in ready, renovated two-family home with income potential.
      47 Bowman St, Rochester, NY 14609
      View Details
    • New
      $500,000
      Pending

      Rochester Investment Opportunity with Parking

      Classic architecture, updated units, great tenants in trendy Park Avenue.
      50 Rowley St, Rochester, NY 14607
      View Details
    • New
      $174,000
      Pending

      Rochester Multi-Family Income Property

      Income-producing multi-family property with strong rental potential in Rochester.
      1239 Saint Paul St, Rochester, NY 14621
      View Details
    • $279,900
      Pending

      Renovated Rochester Duplex Investment Opportunity

      Fully renovated duplex in Rochester, perfect for investors or owner-occupants.
      49 Woodlawn St, Rochester, NY 14607
      View Details
    • $249,900
      5,040 SF

      Rochester Multifamily Investment Opportunity

      Purpose-built four-unit multifamily property in Rochester, New York.
      1896 Dewey Ave, Rochester, NY 14615
      View Details
    • New
      $135,000
      Pending

      Charming Brick Duplex with Garage

      Updated Rochester duplex with income potential and a three-car garage.
      47 Tacoma St, Rochester, NY 14613
      View Details
    • New
      $340,000
      Pending

      Rochester Multifamily Investment Opportunity

      Four-property package in Rochester's Beechwood neighborhood with value-add potential.
      70 Grand Ave, Rochester, NY 14609
      View Details
    • New
      $100,000
      Pending

      Rochester Four-Unit Investment Property

      Turnkey four-unit property with strong cash flow potential.
      22 Lime St, Rochester, NY 14606
      View Details
    • $185,000
      2,832 SF

      Mixed-Use Property with Residential Income

      Mixed-use property with retail space and residential income potential.
      1100 Lyell Ave, Rochester, NY 14606
      View Details

    FAQs

    What type of property is this?
    Specialty property - Turn-key duplex with modern amenities and original character in Rochester.
    Where is this specialty property located?
    The property is located at 21 Rundel Park Rochester, NY.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Turn-key Victorian duplex in the desirable Neighborhood of the Arts.; - Two-unit property: Front unit ideal for owner-occupancy, rear unit provides immediate rental income ($1,450/month).; - Front unit features ornate natural woodwork, crown molding, stained glass, original hardwood floors, updated kitchen with cherry cabinetry and granite counters, and a wood-burning fireplace.
    (585) 362-8900
    Request Owner's contact information
    21 Rundel Park Rochester, NY 14607
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21 Rundel Park
    Rochester, NY 14607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Rundel Park Rochester, NY 14607
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Susan Glenz
    Real Estate License ID: 10301214679
    (585) 362-8900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.