Duplex with Finished
For Sale
$999,999
286 Eastchester Road, New Rochelle, NY 10801
Two residential levels offer distinct living areas, while the finished lower level expands the property's usable interior space.
Property Size2,210 SF
Days on Market11
Property Features for 286 Eastchester Road
General Information
Standard status
Active
Size
2,210 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$21,254
Amenities
fireplace
patio
finished basement
Building Details
Building Size
2,210 SF
Year Built
1949
Buildings
1
Listing Agency:
Century 21 Marciano
Listed By:
Anthony F. Marciano
(914) 235-4996
Source:
Cottiemaxwellrealestate
Added: Aug 26
Changed: Sep 4
Last Checked: Sep 5 at 6:19AM
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 Century 21 Marciano
Investment Insights
Based on property information with market context.
Built in 1949, this duplex provides two residential layouts within one home. The first-floor unit includes a living room with fireplace, dining room, eat-in kitchen, two bedrooms, and a full bathroom, with access to the rear patio and yard. The upper unit features its own living room, kitchen, dining area, two bedrooms, and full bathroom, plus pull-down access to substantial storage space.
A full finished basement adds room for recreation, hobbies, office use, or other household needs. The property also includes a two-car garage, side-street parking, and an oversized rear yard with patio space. Located at 286 Eastchester Road in New Rochelle, NY 10801.
A full finished basement adds room for recreation, hobbies, office use, or other household needs. The property also includes a two-car garage, side-street parking, and an oversized rear yard with patio space. Located at 286 Eastchester Road in New Rochelle, NY 10801.
Key Highlights
- Two‑family duplex with two‑bedroom layouts on each residential level
- First‑floor living room includes a fireplace and access to the rear patio and yard
- Upper‑level apartment includes dedicated storage access through pull‑down steps
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
$43,046
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
4.30%
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%
$860,920
$860.9K
Cap Rate 7%
$614,943
$614.9K
Cap Rate 9%
$478,289
$478.3K
Market Conditions
NOI Build-Up for 2,210 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
$65.8K $29.76/SF
− Vacancy
−$4.3K −$1.93/SF
EGI
$61.5K $27.83/SF
− OpEx
−$18.4K −$8.35/SF
NOI
$43.0K $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%
$860,920
Cap Rate 7%
$614,943
Cap Rate 9%
$478,289
Alternative Uses
Best Use
Multifamily LT 5
$614.9K
$538.1K – $717.4K
NOI $43,046 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$541.5K
$473.8K – $631.8K
NOI $37,905 @ 7.0% cap · market cap 3.79%
Theoretical Best
Retail
$667.6K
$584.1K – $778.8K
NOI $46,729 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
701
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential levels offer distinct living areas, while the finished lower level expands the property's usable interior space.
Where is this duplex located?
The property is located at 286 Eastchester Road New Rochelle, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two‑family duplex with two‑bedroom layouts on each residential level; First‑floor living room includes a fireplace and access to the rear patio and yard; Upper‑level apartment includes dedicated storage access through pull‑down steps
