Two-Family Income
131 Whitesboro St Whitestown, NY 13495
131 Whitesboro St, Whitestown, NY, 13495
$259,900
For Sale
$259,900
Two separate units with independent utilities, new flooring, freshly painted interiors, and a large 2014-built garage.
Property Size2,200 SF
Price / SF$118.14
Days on Market19
Property Features for 131 Whitesboro St
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
Assist2Sell Buyer's & Seller's 1st Choice
(315) 794-6090
Listed by
Martin C. Bell · License #40BE1090095
(315) 794-6090
Source
Elliman
Added: Jul 5 Updated: Jul 21 at 1:24AM Checked: Jul 22 at 10:59AM
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 Assist2Sell Buyer's & Seller's 1st Choice
Investment Insights
Based on property information with market context.
This two-family property offers two levels of residential living with separate utilities. The first floor features three bedrooms, a living room and a dining room/office-bonus room, a tiled bath, and an eat-in kitchen with stove, refrigerator, dishwasher, and microwave, plus washer and dryer. Oversized rooms include a full side enclosed porch. The second floor includes two bedrooms, a living room, and a kitchen with stove and refrigerator, along with French doors. New LTV (luxury tile vinyl) flooring runs throughout both apartments, and interiors have been freshly painted. A hot water heater was installed in 2024.
The property includes a large constructed garage built in 2014 with depth for three vehicles, along with a large parking area for multiple vehicles and a private yard. The home is identified as part of the Whitesboro School System.
Buyers can consider the layout as a live-in-and-lease configuration or as a straightforward residential income asset, supported by the separation of utilities and the defined two-apartment structure.
The property includes a large constructed garage built in 2014 with depth for three vehicles, along with a large parking area for multiple vehicles and a private yard. The home is identified as part of the Whitesboro School System.
Buyers can consider the layout as a live-in-and-lease configuration or as a straightforward residential income asset, supported by the separation of utilities and the defined two-apartment structure.
Key Highlights
- Two‑family home built in 1910 offering over 2,200 sq ft of living space in the Whitesboro School System
- Separate utilities for each unit—ideal for owner‑occupant or investor use
- 2014‑constructed large garage plus large parking area for 6+ vehicles
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 | $30.4k | $13.80 |
| − Vacancy | −$1.9k | −$0.86 |
| EGI | $28.5k | $12.94 |
| − OpEx | −$8.5k | −$3.88 |
| NOI | $19.9k | $9.06 |
2,200 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$284.7K
$249.1K – $332.1K
NOI $19,926 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$261.6K
$228.9K – $305.2K
NOI $18,314 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$579.7K
$507.3K – $676.4K
NOI $40,582 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate units with independent utilities, new flooring, freshly painted interiors, and a large 2014-built garage.
Where is this duplex located?
The property is located at 131 Whitesboro St Whitestown, NY.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Two‑family home built in 1910 offering over 2,200 sq ft of living space in the Whitesboro School System; Separate utilities for each unit—ideal for owner‑occupant or investor use; 2014‑constructed large garage plus large parking area for 6+ vehicles
