317 Myrtle Street Vestal, NY 13850
MULTI_FAMILY - VESTAL, NY
Property Features for 317 Myrtle Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 210
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Basement, Bathroom 2
- Parking features
- Carport, Oversize, Garage
- Patio and Porch features
- Patio, Porch
- Exterior features
- COVERED PATIO, ENCLOSED PORCH, SHED
- Appliances
- DRYER, OVEN, REFRIGERATOR, WASHER
- Standard status
- Active
- APN
- 034800-158-045-0002-010-000-0000
- Size
- 1,600 SF
- Lot size
- 0.31 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1928
- Number of units
- 2
- Flooring type
- Hardwood
- Architectural style
- Other
Listing agent Jessica L. Dillenbeck (607) 343-8486
Listing office JESSICA DILLENBECK REAL ESTATE LLC 1641 State Route 12, Binghamton, NY (607) 343-8486
Listing date Jun 5, 2026
Copyright © 2026 Greater Binghamton Association of Realtor. 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.
A detached two-bay garage provides extra parking and includes an apartment on the second level with one bedroom, a living area with kitchen, and a bath with shower. An oversized carport adds additional off-street parking, with access noted from Maple St. The parcels total approximately 0.31 acres, and the seller indicates there is no flooding. A prelisting inspection is available to review, and the property is owner occupied with no rent roll.
For buyers seeking flexible living or rental-ready layout, the configuration offers separate living spaces within one combined offering: the ranch unit and the garage apartment above. It also provides on-site outdoor and storage amenities, supported by a level, fenced yard for everyday use.
Key Highlights
- Combined parcels total 1/3 acre in Vestal, NY
- Ranch‑style home with 3 bedrooms and 1 bath plus additional bedroom/bath in detached second‑level apartment (4 bedrooms, 2 baths total)
- Detached two‑bay garage includes a one‑bedroom apartment with living/kitchen and bath with shower
Local Financial Insights For Multifamily LT 5
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 | $22.1k | $13.80 |
| − Vacancy | −$1.7k | −$1.04 |
| EGI | $20.4k | $12.77 |
| − OpEx | −$6.1k | −$3.83 |
| NOI | $14.3k | $8.94 |
