New
For Sale
$219,900
1209 Ridge Road, Webster, NY 14580
Duplexes
Property Size1,382 SF
Days on Market6
Property Features for 1209 Ridge Road
General Information
Standard status
Active
Size
1,382 SF
Property subtype
Apartment
Taxes and HOA fees
Annual Taxes
$5,666
Building Details
Building Size
1,382 SF
Year Built
1925
Listing Agency:
Howard Hanna
(585) 473-1320
Listed By:
Nathan J. Wenzel · License #10301213320
(585) 473-1320
Source:
Griffith-realty
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 5 at 4:35AM
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 Howard Hanna
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 | $19.1k | $13.80 |
| − Vacancy | −$668 | −$0.48 |
| EGI | $18.4k | $13.32 |
| − OpEx | −$5.5k | −$4.00 |
| NOI | $12.9k | $9.32 |
1,382 SF · lease $13.80/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$184.0K
$161.0K – $214.7K
NOI $12,883 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$166.2K
$145.5K – $193.9K
NOI $11,636 @ 7.0% cap · market cap 5.29%
Theoretical Best
Specialty Retail
$265.3K
$232.1K – $309.5K
NOI $18,571 @ 7.0% cap · market cap 8.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
903
Businesses Nearby
Explore this area
Business Placement
Demographics for 14580, NY
54,148
Population
24,355
Households
2.2
Avg Household Size
46
Median Age
45%
College-Educated
96%
High-School Grad
42.6 sq mi
ZIP Area
1,271
Density / Sq Mi
$95,499
Median Household Income
$58,150
Median Earnings
$1,387
Median Rent
$253,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
Where is this duplex located?
The property is located at 1209 Ridge Road Webster, NY.
What is the asking price?
The asking price for this property is $219,900.
