Two-Family Home with Constructed
For Sale
$259,900
Pending
131 Whitesboro Street, Yorkville, NY 13495
MULTI_FAMILY - Other - Yorkville, NY
Property Size2,275 SF
Lot Size0.29 Acres
Days on Market53
Property Features for 131 Whitesboro Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 5, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking features
Open
Patio and Porch features
Porch
Interior features
CeilingFans, Storage
Exterior features
EnclosedPorch, Porch, PrivateYard
Fireplace
1
Appliances
GasWaterHeater
Lot features
Irregular Lot, Residential Lot
Elementary school district
Whitesboro
Middle school district
Whitesboro
High school district
Whitesboro
Directions
On Whitesboro St
Subdivision
Yorkville-Village-307005
Standard status
Pending
APN
307005-305-019-0001-012-000-0000
Size
2,275 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
5073
Utilities
Heating system
Natural Gas, Hot Water(Heating), Baseboard, Other (Heating)
Water source
Public
Amenities
private yard
enclosed porch
Building Details
Year built
1910
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Cedar, WoodSiding
Roof type
Shingle, Asphalt
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Assist2Sell Buyers & Sellers 1st Choice · Assist-2-Sell
(315) 735-9244
Listed By:
Martin C. Bell · License #40BE1090095
(315) 794-6090
Added: Jun 29
Changed: Aug 4
Last Checked: Aug 20 at 7:06AM
MLS# S1694482
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family home provides separate utilities and two living levels with individual layouts. The first floor features three bedrooms, a living room plus an office/bonus room, a tiled bath, and an eat-in kitchen with appliances including a stove, refrigerator, dishwasher, and microwave. The first level also includes a washer and dryer and an oversized enclosed porch. The second floor offers two bedrooms, a living room, and a kitchen with stove and refrigerator, with french doors. Vinyl flooring (LTV) appears throughout both apartments, and interiors have been freshly painted. Ceiling fans and storage are included, along with a fireplace.
Exterior improvements and site features include a large constructed garage added in 2014 deep enough for three cars, as well as a large parking area for 6 plus vehicles. The property also offers a private yard and an enclosed porch. Hot water heater was installed in 2024. The home was built in 1910 with cedar and wood siding, and it includes a shingle/asphalt roof. Public water is available, and heating is provided via natural gas and baseboard systems.
Set on a 0.2908-acre lot with 2,275 square feet of living space, this Yorkville, NY residence is described within the Whitesboro School System.
Exterior improvements and site features include a large constructed garage added in 2014 deep enough for three cars, as well as a large parking area for 6 plus vehicles. The property also offers a private yard and an enclosed porch. Hot water heater was installed in 2024. The home was built in 1910 with cedar and wood siding, and it includes a shingle/asphalt roof. Public water is available, and heating is provided via natural gas and baseboard systems.
Set on a 0.2908-acre lot with 2,275 square feet of living space, this Yorkville, NY residence is described within the Whitesboro School System.
Key Highlights
- 0.2908‑acre lot with 2,275 SF total living space
- Constructed garage added in 2014, deep enough for 3 cars
- Large parking area for 6 plus vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,605
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$412,100
$412.1K
Cap Rate 7%
$294,357
$294.4K
Cap Rate 9%
$228,944
$228.9K
Market Conditions
NOI Build-Up for 2,275 SF
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.
Gross rent
$31.4K $13.80/SF
− Vacancy
−$2.0K −$0.86/SF
EGI
$29.4K $12.94/SF
− OpEx
−$8.8K −$3.88/SF
NOI
$20.6K $9.06/SF
Area
Oneida County, NY
Vacancy
6.24%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$412,100
Cap Rate 7%
$294,357
Cap Rate 9%
$228,944
Alternative Uses
Best Use
Multifamily LT 5
$294.4K
$257.6K – $343.4K
NOI $20,605 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$270.5K
$236.7K – $315.6K
NOI $18,938 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$599.5K
$524.6K – $699.4K
NOI $41,966 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
454
Businesses Nearby
Explore this area
Business Placement
Demographics for 13495, NY
2,183
Population
965
Households
2.3
Avg Household Size
39
Median Age
31%
College-Educated
94%
High-School Grad
0.9 sq mi
ZIP Area
2,426
Density / Sq Mi
$63,517
Median Household Income
$48,797
Median Earnings
$1,067
Median Rent
$148,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family residence with separate utilities, private yard, and a constructed garage added in 2014.
Where is this duplex located?
The property is located at 131 Whitesboro Street Yorkville, 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: 0.2908‑acre lot with 2,275 SF total living space; Constructed garage added in 2014, deep enough for 3 cars; Large parking area for 6 plus vehicles
