1300 S Schodack Road Castleton, NY 12033
Ten units across three buildings on a one-acre parcel.
- Added:
- Mar 25, 2026
- Days on Market:
- 111
- Last Refresh:
- Jun 28 at 12:42 am
Property Features for 1300 S Schodack Road
General Information
- Standard status
- Active
- Size
- 7,608 SF
- Lot size
- 1.00 Acre
- Property subtype
- Multifamily, Land
Building Details
- Year Built
- 1840
Listing office Berkshire Hathaway HomeServices Blake, REALTORS Kinderhook
Listing date Mar 25, 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 Berkshire Hathaway HomeServices Blake, REALTORS Kinderhook
Investment Insights
Based on property information with market context.
Key Highlights
- High Gross Annual Income: $150,000 from 10 fully rented units.
- Recent Major Improvements: New roofs, siding, windows, and interior renovations across all buildings.
- Separate Utilities: Each unit has separate electricity, gas, and hot water.
Local Financial Insights For Apartment 5plus
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 | $177.1k | $23.28 |
| − Vacancy | −$9.2k | −$1.21 |
| EGI | $167.9k | $22.07 |
| − OpEx | −$75.6k | −$9.93 |
| NOI | $92.3k | $12.14 |