239 Farmington Rd, Rochester, NY 14609
Well-maintained two-unit property with updated kitchens and bathrooms, separate utilities, and documented occupancy approval through May 2030.
Property Features for 239 Farmington Rd
General Information
Taxes and HOA fees
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 239 Farmington Rd in Rochester, NY, near the Culver, Merchants, and North Winton Village neighborhoods. WalkScore is 67, BikeScore is 65, and TransitScore is 41, reflecting walkable and bikeable surroundings with some transit access. A Certificate of Occupancy is in place through May 2030.
Key Highlights
- Two‑unit property built in 1927
- Remodeled kitchens and bathrooms in both units
- Separate utilities for the two units
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 | $27.7k | $17.40 |
| − Vacancy | −$1.5k | −$0.96 |
| EGI | $26.2k | $16.44 |
| − OpEx | −$7.9k | −$4.93 |
| NOI | $18.3k | $11.51 |
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Demographics for 14609, NY
Market
Vacancy Rate% for Multifamily in Northeast region