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    Eastwood Colonial Two-Family Property Title is generated by Realmo AI

    2129 JAMES Street, Accord, NY 13206

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    Claim this Listing
    Pending
    $249,900

    MULTI_FAMILY - Other - Accord, NY

    Property size:
    2,156 SF
    Lot size:
    0.18 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    80
    Last Refresh:
    May 17 at 12:06 am

    Property Features for 2129 JAMES Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Basement, Bedroom 2
    Patio and Porch features
    Deck, Porch
    Interior features
    Attic, NaturalWoodwork
    Exterior features
    Deck, EnclosedPorch, Fence, Porch
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    GasWaterHeater
    Standard status
    Pending
    APN
    311500-021-000-0003-025-000-0000
    Size
    2,156 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4339

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Varies, Carpet
    Building materials
    AluminumSiding, CopperPlumbing
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Adrian J. Nugent

    Listing agent Adrian J. Nugent License #30NU0789833

    Listing office Berkshire Hathaway CNY Realty 5099 W Genesee Street, Liverpool, NY

    Listing date Feb 26, 2026

    MLS# S1664070 Listing URL

    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.

    HighLights

    • Two Units: Ideal for owner‑occupancy with rental income or investment.
    • Both units equipped with central air conditioning.
    • Updated Interiors: Modern kitchens and bathrooms in both units.
    • Ample Parking: Tons of parking space available at the rear of the property.
    • Fireplace in the first‑floor unit living room.
    • Partially and fully fenced yard.

    Overview

    This classic Eastwood colonial is a two-family property featuring a two-bedroom unit on the first floor with a modern kitchen and bathroom, a living room with a fireplace, and hardwood floors. The second level offers three bedrooms, an updated bathroom and kitchen, new carpet, and fresh paint, making it ready for a new tenant. Both units are equipped with central air. The property includes ample parking at the rear and a partially fenced yard with a fully fenced section. With its lovely curb appeal, this property presents an excellent opportunity for a savvy investor or owner-occupant. The property is located in Accord, NY, and has a lot size of 0.18 acres. The building size is 2,156 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Accord
    County
    Ulster
    State
    New York
    Longitude
    -76.106
    Latitude
    43.0734

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with modern updates and investment potential.
    Where is this duplex located?
    The property is located at 2129 JAMES Street Accord, NY.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: Two Units: Ideal for owner‑occupancy with rental income or investment.; Both units equipped with central air conditioning.; Updated Interiors: Modern kitchens and bathrooms in both units.
    (315) 263-1933
    We can help!
    Listing Contact
    Adrian J. Nugent
    Real Estate License ID: 30NU0789833
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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