Colonie Duplex with Recent
5 Deer Path Drive, Colonie, NY 12205
- Added:
- May 9, 2026
- Days on Market:
- 14
- Last Refresh:
- May 22 at 3:06 am
Property Features for 5 Deer Path Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1
- Parking
- 4
- Parking features
- Driveway
- Patio and Porch features
- Deck
- Interior features
- High Speed Internet, Walk-In Closet(s)
- Basement
- Walk-Out Access, Exterior Entry, Interior Entry, Unfinished, Full
- Standard status
- Pending
- APN
- 012689 17.4-4-50
- Size
- 1,904 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5192
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1975
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Carpet
- Building materials
- Aluminum Siding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Frances P Callahan License #30CA0949290 (518) 265-9295
Listing office Staged Nest Real Estate LLC 578 New Loudon Rd, Latham, NY (518) 369-8441
Listing date May 9, 2026
MLS# 202616839
Listing URL
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex in Colonie.
- Newer Roof (2021), Water Heaters (2020), and Furnaces (2017).
- Upper level primary bedroom has walk‑in closet.
- Upper and lower deck.
- Walk out basement.
- Tenants pay their own gas and electric.
Overview
This Colonie duplex presents a rare opportunity. The property features a roof replaced in 2021, water heaters from 2020, and furnaces installed in 2017. The furnaces are equipped with coils for air conditioning. The building includes upper and lower decks and an 8 x 16 storage shed. Two off-street parking spaces are available. Laundry hookups are located in the basement, where tenants can install their own washers and dryers. The basement is a walk-out. The first-floor unit has basement access directly from the unit. The primary bedroom on the upper level includes a walk-in closet. Tenants are responsible for paying their own gas and electric bills. The property is situated on a 0.22-acre lot and the building size is 1904 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$240.9K
NOI $21,683 @ 9.00% cap · cautious / downside scenario
Moderate
$309.8K
NOI $21,683 @ 7.00% cap · market / base-case scenario
Aggressive
$433.7K
NOI $21,683 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $17.40 |
| − Vacancy | −$2.2k | −$1.13 |
| EGI | $31.0k | $16.27 |
| − OpEx | −$9.3k | −$4.88 |
| NOI | $21.7k | $11.39 |
1,904 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$309.8K
$271.0K – $361.4K
NOI $21,683 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$277.8K
$243.1K – $324.2K
NOI $19,449 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$502.3K
$439.5K – $586.1K
NOI $35,163 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Colonie
- County
- Albany
- State
- New York
- Longitude
- -73.844694
- Latitude
- 42.74643
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Updated duplex in Colonie with strong rental potential.
Where is this duplex located?
The property is located at 5 Deer Path Drive Colonie, NY.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Duplex in Colonie.; Newer Roof (2021), Water Heaters (2020), and Furnaces (2017).; Upper level primary bedroom has walk‑in closet.
