2-Unit Duplex with Large
For Sale
$300,000
1 Hudson Street, Walton, NY 13856
MULTI_FAMILY - Walton, NY
Property Size1,750 SF
Lot Size0.50 Acres
Price / SF$171.43
Days on Market106
Property Features for 1 Hudson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Patio and Porch features
Porch
Appliances
GasWaterHeater
Lot features
Irregular Lot, Residential Lot
Elementary school district
Walton
Middle school district
Walton
High school district
Walton
Directions
Delaware left on Hudson
Subdivision
Walton-Village-125601
Standard status
Active
APN
125601-273-006-0007-005-000
Size
1,750 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Annual Amount
9399
Utilities
Heating system
Hot Water(Heating), Natural Gas
Water source
Public
Amenities
shed
onsite laundry
screened-in porch
deck
garage with loft space
Building Details
Year built
1945
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl, Varies
Building materials
WoodSiding
Roof type
Shingle
Listing Agency:
EXIT Realty Homeward Bound
(607) 729-5500
Listed By:
Shannon DuMond · License #10401241389
(607) 353-8060
Added: Apr 29
Changed: Aug 4
Last Checked: Aug 12 at 2:06AM
MLS# R1678069
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.
Investment Insights
Based on property information with market context.
2-unit duplex at 1 Hudson Street in Walton, NY, built in 1945 and finished with wood siding and a shingle roof. The property includes a two-bedroom unit and a studio apartment, with varied flooring including carpet and vinyl. A newer gas hot water heater supports domestic hot water, and onsite laundry is available for tenant convenience.
Set on a 0.5-acre lot, the duplex features outdoor space including a large yard and a shed. The home is served by public water and includes heating with hot water (natural gas). For utilities, the landlord pays gas, water, and sewer, while tenants pay their electric. The property also has a shared driveway with another neighbor.
The duplex layout includes two bathrooms and bedroom space across the units, with rooms identified as Bedroom 1, Bedroom 2, and studio space alongside both Bathroom 1 and Bathroom 2.
Set on a 0.5-acre lot, the duplex features outdoor space including a large yard and a shed. The home is served by public water and includes heating with hot water (natural gas). For utilities, the landlord pays gas, water, and sewer, while tenants pay their electric. The property also has a shared driveway with another neighbor.
The duplex layout includes two bathrooms and bedroom space across the units, with rooms identified as Bedroom 1, Bedroom 2, and studio space alongside both Bathroom 1 and Bathroom 2.
Key Highlights
- 2‑unit duplex with a two‑bedroom unit and studio apartment
- 0.5‑acre lot with a large yard and shed
- Onsite laundry for tenants
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,298
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,960
$406.0K
Cap Rate 7%
$289,971
$290.0K
Cap Rate 9%
$225,533
$225.5K
Market Conditions
NOI Build-Up for 1,750 SF
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.
Gross rent
$33.6K $19.20/SF
− Vacancy
−$4.6K −$2.63/SF
EGI
$29.0K $16.57/SF
− OpEx
−$8.7K −$4.97/SF
NOI
$20.3K $11.60/SF
Area
Delaware County, NY
Vacancy
13.70%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$405,960
Cap Rate 7%
$289,971
Cap Rate 9%
$225,533
Alternative Uses
Best Use
Multifamily LT 5
$290.0K
$253.7K – $338.3K
NOI $20,298 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$265.4K
$232.2K – $309.6K
NOI $18,575 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$858.6K
$751.3K – $1.00M
NOI $60,102 @ 7.0% cap · market cap 20.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 13856, NY
6,193
Population
3,652
Households
1.7
Avg Household Size
47
Median Age
25%
College-Educated
92%
High-School Grad
179.7 sq mi
ZIP Area
34
Density / Sq Mi
$48,852
Median Household Income
$36,360
Median Earnings
$764
Median Rent
$144,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with a two-bedroom unit and studio apartment, onsite laundry, and a newer hot water heater.
Where is this duplex located?
The property is located at 1 Hudson Street Walton, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2‑unit duplex with a two‑bedroom unit and studio apartment; 0.5‑acre lot with a large yard and shed; Onsite laundry for tenants
