Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    308 Mccool Ave East Syracuse, NY 13057

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $180,000

    Two-family property in East Syracuse/Minoa School District.

    Lot size:
    0.09 Acres

    Property Features for 308 Mccool Ave

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1947

    We can help!

    Listing Contact
    Ann Russo
    Ann Russo
    Source: Elliman

    Listing Agent: Ann Russo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    East Syracuse Duplex For Sale

    This two-family property is located within the East Syracuse/Minoa School District. It is suitable for either an owner-occupant or as an income-generating property.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.06691
    Latitude
    43.066409

    Nearby Similar for Sale

    • $220,000
      2,192 SF

      East Syracuse Multifamily Investment Opportunity

      Multifamily property in East Syracuse, NY with long-term tenants.
      305 Highland Ave, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      0.23 Acres

      Land in East Syracuse, NY

      Vacant land available in East Syracuse, New York.
      6393 Fremont Rd, East Syracuse, NY 13057
      View Details
    • $6,800,000
      22,779 SF

      Class A Office Building

      Class A office building with training facility in East Syracuse.
      6706 Collamer Rd, East Syracuse, NY 13057
      View Details
    • $429,000

      Mixed-Use Property with Income Potential

      Mixed-use property featuring office, warehouse, and four income-producing apartments.
      108 Ball St, East Syracuse, NY 13057
      View Details
    • $950,000
      6,264 SF

      Available Warehouse Near Major Highways

      6,264± SF warehouse space with convenient highway access.
      6800 Newbrook Ave, E Syracuse, NY 13057
      View Details
    • $469,000

      East Syracuse Apartment Building

      Six-unit apartment building with owner financing in East Syracuse.
      116 E Heman St, East Syracuse, NY 13057
      View Details
    • $425,000
      2,562 SF

      Auto Repair Shop with Residence

      Established auto repair business, building, and residence for sale.
      422 Kinne St, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      40,625 SF

      Modern Class A Office Building

      40,625 SF office building ideal for medical or conventional use.
      5062 Brittonfield Pkwy, East Syracuse, NY 13057
      View Details
    • $995,000

      Industrial Building in East Syracuse

      7,000 SF industrial building with office space and loading.
      6006 Drott Dr, East Syracuse, NY 13057
      View Details
    • $2,920,000
      30,000 SF

      Manufacturing Warehouse with Office Space

      30,000 SF manufacturing/warehouse with 8,000 SF office space.
      6250 E Molloy Rd, East Syracuse, NY 13057
      View Details
    • $145,000

      East Syracuse Duplex with Garage

      Two-family property in East Syracuse with separate utilities and garage.
      402 W Yates St, East Syracuse, NY 13057
      View Details
    • Contact for pricing
      25,000 SF

      Class A Office Building

      25,000 SF Class A office building in growing area.
      34 Aspen Park Blvd, East Syracuse, NY
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family property in East Syracuse/Minoa School District.
    Where is this duplex located?
    The property is located at 308 Mccool Ave East Syracuse, NY.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: - Two-family property: Ideal for owner-occupancy or rental income.; - Located in the desirable East Syracuse/Minoa School District.; - Built in 1947.
    (315) 751-0409
    Request Owner's contact information
    308 Mccool Ave East Syracuse, NY 13057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    308 Mccool Ave
    East Syracuse, NY 13057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 Mccool Ave East Syracuse, NY 13057
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ann Russo
    Ann Russo
    (315) 751-0409
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.