12 S Parsonage Street Rhinebeck, NY 12572
Rare Rhinebeck three-family rental property, fully occupied with long-term tenants.
- Added:
- May 1, 2026
- Days on Market:
- 75
- Last Refresh:
- Jun 27 at 9:06 am
Property Features for 12 S Parsonage Street
General Information
- Standard status
- Active
- Size
- 3,444 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1946
Listing office Century 21 Alliance
Listing date May 1, 2026
Source Crexi
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 Century 21 Alliance
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Investment Opportunity: Rare three‑family rental property in the Village of Rhinebeck.
- Fully Occupied: Ensures immediate rental income.
- Desirable Location: Close to the Village of Rhinebeck in a quiet neighborhood with a park across the street.
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 | $96.3k | $27.96 |
| − Vacancy | −$5.0k | −$1.45 |
| EGI | $91.3k | $26.51 |
| − OpEx | −$27.4k | −$7.95 |
| NOI | $63.9k | $18.55 |