231-233 Maple Avenue, Victor, NY 14564
Two three-bedroom units offer updated kitchens, private laundry hookups, separate utilities, and off-street parking.
Property Features for 231-233 Maple Avenue
General Information
Additional Details
Taxes and HOA fees
Building Details
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Investment Insights
Based on property information with market context.
Recent improvements include new siding, windows, water tanks, sewer line, main water line, basement Bilco doors, and a shed. Current tenants are in place, and rents include water and sewer. The property is located in Victor Village, less than half a mile from the village center's shopping, dining, and entertainment. Village tax covers refuse, and no certificate of occupancy is required.
Key Highlights
- Two three‑bedroom units with dedicated dining areas and updated kitchens
- Separate basements with laundry hookups and individual utilities
- Off‑street parking for 5+ vehicles
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 | $41.7k | $19.80 |
| − Vacancy | −$3.2k | −$1.50 |
| EGI | $38.5k | $18.30 |
| − OpEx | −$11.6k | −$5.49 |
| NOI | $27.0k | $12.81 |
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Demographics for 14564, NY
Market
Vacancy Rate% for Multifamily in Northeast region