Historic Catskills
135 Eisele Road, Margaretville, NY 12455
For Sale
$300,000
Separate entrances, kitchens and electric meters serve this legal two-family dwelling.
Property Size1,992 SF
Price / SF$150.60
Days on Market104
Property Features for 135 Eisele Road
General Information
Standard status
Size
Property subtype
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Road Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Kunzang Realty Group LLC
(607) 746-6555
Listed By:
Billie Kunzang
(929) 229-9947
Source:
Cowanesquelakerealty
Added: Jul 30
Changed: Nov 6
Last Checked: Nov 10 at 9:59AM
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 Kunzang Realty Group LLC
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Investment Insights
Based on property information with market context.
Dating to circa 1860, this 1,992-square-foot duplex has six bedrooms and two full bathrooms. The legal two-family layout includes separate entrances, two kitchens and individual electric meters. Interior details include wood floors, a picture window, handcrafted reclaimed-lumber kitchen cabinetry, a wood stove and a large pantry.
The property is on Eisele Road, a town-maintained road, with the Batavia Kill running through the land. The home is in the Catskill Mountains.
The property is on Eisele Road, a town-maintained road, with the Batavia Kill running through the land. The home is in the Catskill Mountains.
Key Highlights
- Legal two‑family dwelling with separate entrances and individual electric meters
- 1,992 square feet with 6 bedrooms and 2 full bathrooms
- Two kitchens, wood stove and large pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,105
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,100
$462.1K
Cap Rate 7%
$330,071
$330.1K
Cap Rate 9%
$256,722
$256.7K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$38.2K $19.20/SF
− Vacancy
−$5.2K −$2.63/SF
EGI
$33.0K $16.57/SF
− OpEx
−$9.9K −$4.97/SF
NOI
$23.1K $11.60/SF
Area
Delaware County, NY
Vacancy
13.70%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,100
Cap Rate 7%
$330,071
Cap Rate 9%
$256,722
Alternative Uses
Best Use
Multifamily LT 5
$330.1K
$288.8K – $385.1K
NOI $23,105 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$302.0K
$264.3K – $352.4K
NOI $21,143 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$977.3K
$855.2K – $1.14M
NOI $68,413 @ 7.0% cap · market cap 22.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 12455, NY
1,820
Population
1,697
Households
1.1
Avg Household Size
56
Median Age
27%
College-Educated
91%
High-School Grad
71.3 sq mi
ZIP Area
26
Density / Sq Mi
$74,271
Median Household Income
$34,531
Median Earnings
$1,297
Median Rent
$219,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Delaware County, NY
Properties on Market for Duplexes in Delaware County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances, kitchens and electric meters serve this legal two-family dwelling.
Where is this duplex located?
The property is located at 135 Eisele Road Margaretville, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Legal two‑family dwelling with separate entrances and individual electric meters; 1,992 square feet with 6 bedrooms and 2 full bathrooms; Two kitchens, wood stove and large pantry
