Duplex with Attached One-Bedroom
New
For Sale
$499,900
376 Barrington St, Rochester, NY 14607
Multi-unit property with flexible living arrangements, off-street parking, and access to Park Avenue dining, shops, and entertainment.
Property Size2,984 SF
Days on Market1
Property Features for 376 Barrington St
General Information
Standard status
Active
Size
2,984 SF
Property subtype
Multi Family
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$11,197
Amenities
fireplace
covered front porch
off-street parking
Building Details
Building Size
2,984 SF
Year Built
1909
Stories
3
Units
2
Listing Agency:
Keller Williams Realty Greater Rochester
Listed By:
Brian Smith · License #10401386216
(585) 309-4460
Source:
Elliman
Added: Sep 22
Last Checked: Sep 22 at 1:39PM
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 Keller Williams Realty Greater Rochester
Investment Insights
Based on property information with market context.
This 1909 duplex includes a primary residence with a 4-to-5-bedroom layout, two substantial living areas, a fireplace, and a covered front porch. An attached second-floor one-bedroom apartment adds a separate living component suitable for rental use, guest accommodation, or an in-law arrangement. The property also includes off-street parking.
Located on Barrington Street near Park Avenue, the property is close to dining, shops, and entertainment. Walk Score is 91, Bike Score is 77, and Transit Score is 52, providing multiple options for getting around the surrounding area.
Located on Barrington Street near Park Avenue, the property is close to dining, shops, and entertainment. Walk Score is 91, Bike Score is 77, and Transit Score is 52, providing multiple options for getting around the surrounding area.
Key Highlights
- Primary residence offers a 4‑to‑5‑bedroom layout with two living areas
- Attached second‑floor unit includes 1 bedroom
- Covered front porch and fireplace add character to the main residence
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
$34,343
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
6.87%
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%
$686,860
$686.9K
Cap Rate 7%
$490,614
$490.6K
Cap Rate 9%
$381,589
$381.6K
Market Conditions
NOI Build-Up for 2,984 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
$51.9K $17.40/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$49.1K $16.44/SF
− OpEx
−$14.7K −$4.93/SF
NOI
$34.3K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /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%
$686,860
Cap Rate 7%
$490,614
Cap Rate 9%
$381,589
Alternative Uses
Best Use
Multifamily LT 5
$490.6K
$429.3K – $572.4K
NOI $34,343 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$437.3K
$382.6K – $510.2K
NOI $30,611 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$817.4K
$715.3K – $953.7K
NOI $57,221 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,384
Businesses Nearby
Explore this area
Business Placement
Demographics for 14607, NY
16,298
Population
11,971
Households
1.4
Avg Household Size
32
Median Age
60%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
9,587
Density / Sq Mi
$56,270
Median Household Income
$44,018
Median Earnings
$1,129
Median Rent
$304,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Multi-unit property with flexible living arrangements, off-street parking, and access to Park Avenue dining, shops, and entertainment.
Where is this duplex located?
The property is located at 376 Barrington St Rochester, NY.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Primary residence offers a 4‑to‑5‑bedroom layout with two living areas; Attached second‑floor unit includes 1 bedroom; Covered front porch and fireplace add character to the main residence
