Side-by-Side Duplex with Central
For Sale
$449,000
Pending
30 Woodin Road, Halfmoon, NY 12065
Two residential units occupy a sizable parcel with front porch access and proximity to shopping and dining.
Property Size2,296 SF
Lot Size1.33 Acres
Days on Market330
Property Features for 30 Woodin Road
General Information
Standard status
Pending
Size
2,296 SF
Total Parking Spaces
8
Lot size
1.33 Acres
Property subtype
Multi Family / Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,037
Amenities
central air
Asphalt
Central Air, Yes
Forced Air, Natural Gas, Yes
Full, Sump Pump, Unfinished
100 Amp Service, Circuit Breakers
Carpet
High Speed Internet
Yes
Aluminum Siding, Brick
Front Porch
Building Details
Year Built
1977
Buildings
1
Listing Agency:
Coldwell Banker Prime Prop.
(518) 369-3286
Listed By:
Sawsan Salamah · License #40SA0814018
(518) 369-3286
Source:
Compass
Added: Oct 6, 2025
Changed: Aug 30
Last Checked: Aug 30 at 4:29PM
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 Coldwell Banker Prime Prop.
Investment Insights
Based on property information with market context.
This side-by-side duplex contains two residential units within 2296 square feet of living space on a 1.33-acre parcel. Each unit has central air, while the property also includes forced-air natural-gas heating, a full unfinished basement with sump pump, and 100 Amp electrical service with circuit breakers. A brick front facade and front porch add exterior character, and the driveway was installed in 2024.
Built in 1977, the property is located at 30 Woodin Road in Halfmoon, New York. Shopping and dining options are situated nearby. The residential income property also includes aluminum siding and high-speed internet service.
Built in 1977, the property is located at 30 Woodin Road in Halfmoon, New York. Shopping and dining options are situated nearby. The residential income property also includes aluminum siding and high-speed internet service.
Key Highlights
- Side‑by‑side duplex with two residential units
- 2296 square feet of living space on 1.33 acres
- Central air in each unit
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
$34,074
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
7.59%
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%
$681,480
$681.5K
Cap Rate 7%
$486,771
$486.8K
Cap Rate 9%
$378,600
$378.6K
Market Conditions
NOI Build-Up for 2,296 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
$51.0K $22.20/SF
− Vacancy
−$2.3K −$1.00/SF
EGI
$48.7K $21.20/SF
− OpEx
−$14.6K −$6.36/SF
NOI
$34.1K $14.84/SF
Area
Saratoga County, NY
Vacancy
4.50%
Lease Rate
$22.20 /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%
$681,480
Cap Rate 7%
$486,771
Cap Rate 9%
$378,600
Alternative Uses
Best Use
Multifamily LT 5
$486.8K
$425.9K – $567.9K
NOI $34,074 @ 7.0% cap · market cap 7.59%
Second Best
Apartment 5plus
$435.5K
$381.1K – $508.1K
NOI $30,486 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$687.2K
$601.3K – $801.8K
NOI $48,106 @ 7.0% cap · market cap 10.71%
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
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 12065, NY
43,893
Population
19,506
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
95%
High-School Grad
35.1 sq mi
ZIP Area
1,251
Density / Sq Mi
$115,681
Median Household Income
$61,692
Median Earnings
$1,419
Median Rent
$356,900
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 units occupy a sizable parcel with front porch access and proximity to shopping and dining.
Where is this duplex located?
The property is located at 30 Woodin Road Halfmoon, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Side‑by‑side duplex with two residential units; 2296 square feet of living space on 1.33 acres; Central air in each unit
