Duplex with Detached
New
For Sale
$145,000
111 S Page Avenue, Endicott, NY 13760
Both residences are occupied, and the property includes a detached garage for parking or additional income use.
Property Size1,252 SF
Price / SF$115.81
Days on Market5
Property Features for 111 S Page Avenue
General Information
Standard status
Active
Size
1,252 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
res, res
Occupancy
100%
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,518
Amenities
Deck
Porch
Building Details
Building Size
1,252 SF
Year Built
1940
Units
2
Listing Agency:
KELLER WILLIAMS REALTY GREATER BINGHAMTON
Listed By:
Erin C. Whited
(607) 727-5609
Source:
Gehlcorealty
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 3:14PM
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 KELLER WILLIAMS REALTY GREATER BINGHAMTON
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Investment Insights
Based on property information with market context.
Built in 1940, this 1,252-square-foot duplex contains two occupied residences. A newer roof and detached two-car garage are among its existing improvements; the garage can provide off-street parking or support an additional income use.
The property occupies a corner lot in Endicott’s municipal electric district. Residential zoning is identified for the site.
The property occupies a corner lot in Endicott’s municipal electric district. Residential zoning is identified for the site.
Key Highlights
- Two occupied residences
- 1,252 square feet across the duplex
- Detached two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,187
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,740
$223.7K
Cap Rate 7%
$159,814
$159.8K
Cap Rate 9%
$124,300
$124.3K
Market Conditions
NOI Build-Up for 1,252 SF
Gross rent
$17.3K $13.80/SF
− Vacancy
−$1.3K −$1.04/SF
EGI
$16.0K $12.77/SF
− OpEx
−$4.8K −$3.83/SF
NOI
$11.2K $8.94/SF
Area
Broome County, NY
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,740
Cap Rate 7%
$159,814
Cap Rate 9%
$124,300
Alternative Uses
Best Use
Multifamily LT 5
$159.8K
$139.8K – $186.5K
NOI $11,187 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$149.0K
$130.4K – $173.8K
NOI $10,430 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$310.6K
$271.8K – $362.4K
NOI $21,743 @ 7.0% cap · market cap 15.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 13760, NY
44,153
Population
20,988
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
49.3 sq mi
ZIP Area
896
Density / Sq Mi
$63,242
Median Household Income
$41,939
Median Earnings
$883
Median Rent
$150,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, and the property includes a detached garage for parking or additional income use.
Where is this duplex located?
The property is located at 111 S Page Avenue Endicott, NY.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two occupied residences; 1,252 square feet across the duplex; Detached two‑car garage
