1701 Watson Boulevard, Endicott, NY 13760
MULTI_FAMILY - ENDICOTT, NY
Property Features for 1701 Watson Boulevard
General Information
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property provides separate utilities, which can support independent day-to-day living for each unit. A second-floor kitchen has been completely remodeled, and the home has fresh paint with new flooring throughout. Heating is forced air, and the property is served by public water. Construction is vinyl clad aluminum, with vinyl flooring noted throughout.
Tenants are in place, and both leases extend until August of 2026. Built in 1986, the duplex totals 2,184 square feet.
Key Highlights
- Fully occupied duplex on a corner lot with separate utilities
- Two apartments with three bedrooms and one bathroom each
- Huge private basements for each unit with lots of storage
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 | $30.1k | $13.80 |
| − Vacancy | −$2.3k | −$1.04 |
| EGI | $27.9k | $12.77 |
| − OpEx | −$8.4k | −$3.83 |
| NOI | $19.5k | $8.94 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 13760, NY
Market
Vacancy Rate% for Multifamily in Northeast region