Two-Family Residential Income
11 Pulver Avenue Ravena, NY 12143
11 Pulver Avenue, Ravena, NY, 12143
$279,000
For Sale
$279,000
Two-family home on a 0.29-acre lot with 3-season front porch, garage, and multiple recent exterior and mechanical updates.
Property Size2,053 SF
Lot Size0.29 Acres
Price / SF$135.90
Days on Market33
Property Features for 11 Pulver Avenue
General Information
- Standard status
- Active
- Size
- 2,053 SF
- Lot size
- 0.29 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Coldwell Banker Village Green
Listed by
Angela M Lanuto
(518) 639-4663
Source
Signatureonerealtygroup
Added: Jun 19 Updated: Jul 21 at 12:16PM Checked: Jul 21 at 12:16PM
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 Coldwell Banker Village Green
Investment Insights
Based on property information with market context.
This two-family residence offers early-century character with practical updates and flexible living arrangements. The property was built in 1900 and includes two units with 2–3 bedrooms each, along with a three-season front porch spanning the facade. Recent improvements include an approximately 10-year-old roof, newer windows, newer gutters, and two boiler systems, including one newer. The home is connected to oil and natural gas, and tenants pay their own utilities.
Outside, there is a semi-fenced yard, a one-car garage, and a long driveway. The property is set in the Village of Ravena, with Mosher Park serving as a nearby community destination.
The layout and improvements support straightforward day-to-day ownership for either an owner-occupant or an investor seeking a small residential income asset with separated utility responsibility for tenants.
Outside, there is a semi-fenced yard, a one-car garage, and a long driveway. The property is set in the Village of Ravena, with Mosher Park serving as a nearby community destination.
The layout and improvements support straightforward day-to-day ownership for either an owner-occupant or an investor seeking a small residential income asset with separated utility responsibility for tenants.
Key Highlights
- Two‑family residence built in 1900 on a 0.29‑acre lot
- Approx. 10‑year‑old roof, newer windows, and newer gutters
- Two boiler systems, including one newer
Local Financial Insights For Multifamily LT 5
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 | $35.7k | $17.40 |
| − Vacancy | −$1.9k | −$0.90 |
| EGI | $33.9k | $16.50 |
| − OpEx | −$10.2k | −$4.95 |
| NOI | $23.7k | $11.55 |
2,053 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$338.6K
$296.3K – $395.1K
NOI $23,705 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$313.3K
$274.1K – $365.5K
NOI $21,929 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$640.6K
$560.6K – $747.4K
NOI $44,844 @ 7.0% cap · market cap 16.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home on a 0.29-acre lot with 3-season front porch, garage, and multiple recent exterior and mechanical updates.
Where is this duplex located?
The property is located at 11 Pulver Avenue Ravena, NY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑family residence built in 1900 on a 0.29‑acre lot; Approx. 10‑year‑old roof, newer windows, and newer gutters; Two boiler systems, including one newer
