Two-Unit Duplex with Finished
For Sale
$1,150,000
20 Edgewood Park, New Rochelle, NY 10801
A separate-entry finished basement adds flexibility to a property with a four-bedroom home and a distinct two-bedroom unit.
Property Size3,000 SF
Days on Market12
Property Features for 20 Edgewood Park
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$19,822
Building Details
Building Size
3,000 SF
Year Built
1902
Listing Agency:
YourHomeSold Guaranteed Realty
Listed By:
Arif Baksh · License #10301207975
(914) 494-1549
Source:
Cottiemaxwellrealestate
Added: Sep 24
Changed: Oct 4
Last Checked: Oct 4 at 3:15PM
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 YourHomeSold Guaranteed Realty
Investment Insights
Based on property information with market context.
Built in 1902, this New Rochelle duplex property includes a four-bedroom, two-bath residence and a separate two-bedroom, one-bath unit. A finished basement with its own entrance provides additional space. The corner-lot property also has a detached two-car garage and off-street parking.
Shopping, dining, schools, and parks are among the nearby amenities. Major roadways and Metro-North service provide transportation options, including an easy commute to New York City.
Shopping, dining, schools, and parks are among the nearby amenities. Major roadways and Metro-North service provide transportation options, including an easy commute to New York City.
Key Highlights
- Four‑bedroom, two‑bath duplex residence plus a separate two‑bedroom, one‑bath unit
- Finished basement with a separate entrance
- Detached two‑car garage and off‑street parking
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
$58,434
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
5.08%
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%
$1,168,680
$1.2M
Cap Rate 7%
$834,771
$834.8K
Cap Rate 9%
$649,267
$649.3K
Market Conditions
NOI Build-Up for 3,000 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
$89.3K $29.76/SF
− Vacancy
−$5.8K −$1.93/SF
EGI
$83.5K $27.83/SF
− OpEx
−$25.0K −$8.35/SF
NOI
$58.4K $19.48/SF
Area
Westchester County, NY
Vacancy
6.50%
Lease Rate
$29.76 /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%
$1,168,680
Cap Rate 7%
$834,771
Cap Rate 9%
$649,267
Alternative Uses
Best Use
Multifamily LT 5
$834.8K
$730.4K – $973.9K
NOI $58,434 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$735.1K
$643.2K – $857.6K
NOI $51,455 @ 7.0% cap · market cap 4.47%
Theoretical Best
Retail
$906.2K
$792.9K – $1.06M
NOI $63,433 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,274
Businesses Nearby
Explore this area
Business Placement
Demographics for 10801, NY
42,949
Population
16,912
Households
2.5
Avg Household Size
37
Median Age
43%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
12,632
Density / Sq Mi
$83,534
Median Household Income
$50,274
Median Earnings
$1,742
Median Rent
$555,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - A separate-entry finished basement adds flexibility to a property with a four-bedroom home and a distinct two-bedroom unit.
Where is this duplex located?
The property is located at 20 Edgewood Park New Rochelle, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑bedroom, two‑bath duplex residence plus a separate two‑bedroom, one‑bath unit; Finished basement with a separate entrance; Detached two‑car garage and off‑street parking
