61 Fusco Drive, Jefferson, NY 12093
MULTI_FAMILY - Jefferson, NY
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 61 Fusco Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 6, Bedroom 2, Bedroom 4
- Parking features
- Garage
- Interior features
- CeilingFans, Storage
- Exterior features
- GravelDriveway, PropaneTankLeased
- Appliances
- ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator
- Standard status
- Active
- APN
- 123889-012-000-0001-005-800
- Size
- 6,908 SF
- Lot size
- 36.97 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13104
Utilities
- Sewer type
- Septic Tank
- Heating system
- Propane (Heating), Electric (Heating), Forced Air, Baseboard
- Water source
- Well
- Water front features
- Pond
- Water front
- 1
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 7
- Flooring type
- Laminate, Varies, Carpet
- Building materials
- VinylSiding
- Roof type
- Shingle
- Additional Structures
- Storage, Barn(s)
Listing agent Susan Muther License #10401290369 (607) 435-0470
Listing office Keller Williams Upstate NY Properties 94 Main St, Oneonta, NY (607) 746-3000
Listing date Jun 25, 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
- 36+ private acres anchored by a 9+ acre man‑made lake in the Western Catskills
- Income‑producing six‑unit apartment building with six 1BR/1BA units generating approximately $44,000/year
- Additional 2020 3BR/2BA doublewide on a concrete slab for extra income or as a residence
- Two septic systems, DCEC electric, and MTC fiber internet serving the property
- Water source is a well; roof is shingle; exterior is vinyl siding
- Multiple access options including an old logging road off Titus Lake Road and a 40‑foot rock ledge for a potential private driveway
Overview
The property totals 36.97 acres and is anchored by a 9+ acre man-made lake. There is a broad, gently sloping clearing with unobstructed lake and mountain views, and an old logging road off Titus Lake Road that provides separate access and can bypass the rental area. The parcel also features a dramatic 40-foot rock ledge that could support a private driveway, supporting the idea of independent home-site planning.
For buyers and operators, the structured mix of a small apartment building plus an additional doublewide offers established residential units on the same parcel as meaningful development space. The separate access route and lake-oriented clearing can support plans for a primary residence or secondary homesite while maintaining the existing rental setup, subject to any required approvals and site planning. The property is located in Jefferson, Delaware County, NY.
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 | $136.8k | $19.80 |
| − Vacancy | −$8.5k | −$1.23 |
| EGI | $128.3k | $18.57 |
| − OpEx | −$57.7k | −$8.36 |
| NOI | $70.6k | $10.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jefferson
- County
- Schoharie
- State
- New York
- Longitude
- -74.695465
- Latitude
- 42.494241
