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Side-by-Side Duplex
New
For Sale
$385,000

26 Sanders Farm Drive, Penfield, NY 14526

Each residence has two bedrooms, separate utilities, and its own private deck.

Property Size2,240 SF
Days on Market6

Property Features for 26 Sanders Farm Drive

General Information

Standard status Active
Size 2,240 SF
Property subtype Duplex
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $8,301

Amenities

private deck
lower level laundry/storage

Building Details

Building Size 2,240 SF
Year Built 1984
Buildings 1
Tenancy Multi
Listing Agency: Howard Hanna
Listed By: Sandra Stebelton · License #40ST0837677
Source: Griffith-realty
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 11 at 10:23AM

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 Howard Hanna

Investment Insights

Based on property information with market context.

Built in 1984, this duplex contains two side-by-side residences with matching layouts. Each has an open main floor with kitchen, dining and living areas, plus a half bath. Sliding doors open to a private deck and backyard. Upstairs, each residence has two bedrooms and a Jack-and-Jill full bath. Lower-level space accommodates laundry and storage, and the right unit has an attached two-car garage.

The property is fully occupied, with leases in place through August 2027. Separate utilities serve the two residences, and a blacktop driveway provides off-street parking.

Key Highlights

  • Two side‑by‑side residences with mirrored layouts
  • Each unit has two bedrooms, a Jack‑and‑Jill full bath, and a first‑floor half bath
  • Separate utilities for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,881
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,620 $417.6K
Cap Rate 7%
$298,300 $298.3K
Cap Rate 9%
$232,011 $232.0K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$30.9K $13.80/SF
− Vacancy
−$1.1K −$0.48/SF
EGI
$29.8K $13.32/SF
− OpEx
−$8.9K −$4.00/SF
NOI
$20.9K $9.32/SF
Area
Monroe County, NY
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,620
Cap Rate 7%
$298,300
Cap Rate 9%
$232,011

Alternative Uses

Best Use
Multifamily LT 5
$298.3K
$261.0K – $348.0K (±1% cap)
NOI $20,881 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$269.4K
$235.8K – $314.4K (±1% cap)
NOI $18,861 @ 7.0% cap · market cap 4.90%
Theoretical Best
Specialty Retail
$430.0K
$376.3K – $501.7K (±1% cap)
NOI $30,101 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Law Firm Electrical Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 14526, NY

20,932
Population
8,231
Households
2.5
Avg Household Size
44
Median Age
62%
College-Educated
97%
High-School Grad
16.4 sq mi
ZIP Area
1,276
Density / Sq Mi
$110,566
Median Household Income
$62,334
Median Earnings
$1,168
Median Rent
$256,600
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, separate utilities, and its own private deck.
Where is this duplex located?
The property is located at 26 Sanders Farm Drive Penfield, NY.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two side‑by‑side residences with mirrored layouts; Each unit has two bedrooms, a Jack‑and‑Jill full bath, and a first‑floor half bath; Separate utilities for each unit
More about this property
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