Duplex with In-Ground
New
For Sale
$349,900
2 Apollo Place, Macedon, NY 14502
Both residences have separate utilities, kitchens, full baths, and living areas.
Property Size3,072 SF
Lot Size0.64 Acres
Price / SF$113.90
Days on Market4
Property Features for 2 Apollo Place
General Information
Standard status
Active
Size
3,072 SF
Lot size
0.64 Acres
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,168
Amenities
in-ground pool
patio
Building Details
Building Size
3,072 SF
Year Built
1967
Buildings
1
Listing Agency:
Realty ONE Group Empower
Listed By:
Colleen E. Wightman · License #10401253085
(585) 474-5207
Source:
Highfallssir
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 10 at 2:31AM
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 Realty ONE Group Empower
Investment Insights
Based on property information with market context.
This 1967 duplex contains 3,072 square feet across two residences, each with a kitchen, full bath, and living area. Separate utilities serve the units, and the property also includes an attached garage. The main residence has an updated kitchen with granite counters, stainless-steel appliances, French doors, and a center island, along with a bathroom featuring a soaking tub, glass-enclosed shower, and double vanity. New HVAC is installed, and the appliances convey, including the basement washer and dryer.
Set on a 0.64-acre corner lot, the property has an in-ground pool, a broad patio, lawn, and mature trees. It is near the Village of Macedon, shopping, restaurants, and parks, with Rochester about 20 minutes away and the New York State Thruway about 10 minutes away.
Set on a 0.64-acre corner lot, the property has an in-ground pool, a broad patio, lawn, and mature trees. It is near the Village of Macedon, shopping, restaurants, and parks, with Rochester about 20 minutes away and the New York State Thruway about 10 minutes away.
Key Highlights
- 3,072‑square‑foot duplex on a 0.64‑acre corner lot
- Two residences with separate utilities, kitchens, full baths, and living areas
- In‑ground pool, patio, lawn, and mature trees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,201
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,020
$524.0K
Cap Rate 7%
$374,300
$374.3K
Cap Rate 9%
$291,122
$291.1K
Market Conditions
NOI Build-Up for 3,072 SF
Gross rent
$42.4K $13.80/SF
− Vacancy
−$5.0K −$1.62/SF
EGI
$37.4K $12.18/SF
− OpEx
−$11.2K −$3.66/SF
NOI
$26.2K $8.53/SF
Area
Wayne County, NY
Vacancy
11.71%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,020
Cap Rate 7%
$374,300
Cap Rate 9%
$291,122
Alternative Uses
Best Use
Multifamily LT 5
$374.3K
$327.5K – $436.7K
NOI $26,201 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$330.1K
$288.9K – $385.1K
NOI $23,108 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$827.5K
$724.1K – $965.5K
NOI $57,928 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 14502, NY
10,760
Population
4,769
Households
2.3
Avg Household Size
43
Median Age
41%
College-Educated
94%
High-School Grad
35.8 sq mi
ZIP Area
301
Density / Sq Mi
$83,224
Median Household Income
$57,038
Median Earnings
$999
Median Rent
$219,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate utilities, kitchens, full baths, and living areas.
Where is this duplex located?
The property is located at 2 Apollo Place Macedon, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 3,072‑square‑foot duplex on a 0.64‑acre corner lot; Two residences with separate utilities, kitchens, full baths, and living areas; In‑ground pool, patio, lawn, and mature trees
