Victorian Duplex with
For Sale
$899,888
100 MAPLE Ave, Monroe, NY 10950
Legal two-family residence with separate living areas, resort-style outdoor amenities, and flexible owner-occupant or office-use potential.
Property Size3,547 SF
Lot Size0.38 Acres
Price / SF$249.97
Days on Market112
Property Features for 100 MAPLE Ave
General Information
Standard status
Active
Size
3,547 SF
Lot size
0.38 Acres
Property subtype
Multi Family
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,321
Amenities
in-ground pool
hot tub
deck
fully fenced yard
wrap-around porch
private balcony
pool house
laundry area
Building Details
Building Size
3,547 SF
Year Built
2012
Buildings
1
Stories
3
Units
2
Construction
Victorian
Listing Agency:
Lombardo Homes & Estates
(516) 200-6448
Listed By:
Joseph Lombardo · License #10311204851
(516) 200-6448
Source:
Elliman
Added: May 12
Changed: Aug 30
Last Checked: Aug 30 at 6:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lombardo Homes & Estates
Investment Insights
Based on property information with market context.
This legal two-family duplex provides 5 bedrooms, 3 bathrooms, and 3,600 square feet across a main-floor residence and an upper-level unit. The first-floor layout includes an eat-in kitchen, living and dining rooms, porch access, and basement entry. The upper unit spans the second and third floors with three bedrooms, two bathrooms, two living rooms, an eat-in kitchen, laundry area, private balcony, and penthouse suite. A shared basement adds workshop space, storage, laundry, and a walk-out to the yard.
Outdoor features include a wrap-around porch, rear deck, fully fenced grounds, in-ground pool, whirlpool/hot tub, pool house, and parking for 8+ vehicles. The property occupies a 0.38-acre lot measuring 83' x 200' in Monroe's historic district, directly across from the Heritage Rail Trail and near Smith's Clove Park, Monroe Flagship Cinemas, restaurants, and the Shortline Bus to NYC.
Outdoor features include a wrap-around porch, rear deck, fully fenced grounds, in-ground pool, whirlpool/hot tub, pool house, and parking for 8+ vehicles. The property occupies a 0.38-acre lot measuring 83' x 200' in Monroe's historic district, directly across from the Heritage Rail Trail and near Smith's Clove Park, Monroe Flagship Cinemas, restaurants, and the Shortline Bus to NYC.
Key Highlights
- Legal 2‑family duplex with 5 Bedrooms, 3 Bathrooms, and 3,600 Sq Ft
- 0.38‑acre lot measuring 83' x 200'
- In‑ground pool, whirlpool/hot tub, pool house, deck, and fully fenced yard
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
$71,554
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
7.95%
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%
$1,431,080
$1.4M
Cap Rate 7%
$1,022,200
$1.0M
Cap Rate 9%
$795,044
$795.0K
Market Conditions
NOI Build-Up for 3,600 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
$105.8K $29.40/SF
− Vacancy
−$3.6K −$1.01/SF
EGI
$102.2K $28.39/SF
− OpEx
−$30.7K −$8.52/SF
NOI
$71.6K $19.88/SF
Area
Orange County, NY
Vacancy
3.42%
Lease Rate
$29.40 /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%
$1,431,080
Cap Rate 7%
$1,022,200
Cap Rate 9%
$795,044
Alternative Uses
Best Use
Multifamily LT 5
$1.02M
$894.4K – $1.19M
NOI $71,554 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$962.0K
$841.8K – $1.12M
NOI $67,340 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,349 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
Explore this area
Business Placement
Demographics for 10950, NY
62,741
Population
17,531
Households
3.6
Avg Household Size
21
Median Age
26%
College-Educated
85%
High-School Grad
36.8 sq mi
ZIP Area
1,705
Density / Sq Mi
$77,123
Median Household Income
$38,496
Median Earnings
$1,693
Median Rent
$458,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legal two-family residence with separate living areas, resort-style outdoor amenities, and flexible owner-occupant or office-use potential.
Where is this duplex located?
The property is located at 100 MAPLE Ave Monroe, NY.
What is the asking price?
The asking price for this property is $899,888.
What are key features of this property?
This property features: Legal 2‑family duplex with 5 Bedrooms, 3 Bathrooms, and 3,600 Sq Ft; 0.38‑acre lot measuring 83' x 200'; In‑ground pool, whirlpool/hot tub, pool house, deck, and fully fenced yard
