411 Dryden Road, Ithaca, NY 14850
MULTI_FAMILY - Other - Ithaca, NY
- Added:
- Apr 17, 2026
- Days on Market:
- 53
- Last Refresh:
- Jun 8 at 5:06 pm
Property Features for 411 Dryden Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Basement, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
- Interior features
- NaturalWoodwork
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 500700-064-000-0007-005-000-0000
- Size
- 4,283 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 21192
Utilities
- Heating system
- Natural Gas, Zoned, Baseboard, Hot Water(Heating)
- Cooling system
- Zoned
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 4
- Number of units
- 3
- Flooring type
- Hardwood, Laminate, Vinyl, Varies
- Building materials
- WoodSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent David Wahl License #10371201153 (607) 227-3132
Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY (607) 257-0666
Listing date Apr 17, 2026
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.
HighLights
- Prime Collegetown location, steps from Cornell University.
- 8‑bedroom, 4‑bathroom multi‑family residence.
- Solid investment potential in a strong rental market.
- Sturdy construction and structural integrity.
- Zoned heating and cooling systems.
- Interior features natural woodwork.
Overview
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 | $99.7k | $23.28 |
| − Vacancy | −$4.2k | −$0.98 |
| EGI | $95.5k | $22.30 |
| − OpEx | −$43.0k | −$10.04 |
| NOI | $52.5k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ithaca
- County
- Tompkins
- State
- New York
- Longitude
- -76.480786
- Latitude
- 42.440923
