Duplex with Attic
3979 State Route 17b, White Lake, NY 12786
For Sale
$179,000
Two residential units provide matching two-level layouts with living, kitchen, laundry, and bedroom areas.
Property Size2,000 SF
Lot Size1.00 Acre
Price / SF$89.50
Days on Market14
Property Features for 3979 State Route 17b
General Information
Standard status
Size
Lot size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Stories
Listing Agency:
Eagle Valley Realty
(845) 252-3085
Listed By:
Dawn J. Curreri · License NY #10311205176
(845) 541-0496
Source:
Exprealty
Added: Nov 1
Changed: Nov 12
Last Checked: Nov 12 at 2:23PM
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 Eagle Valley Realty
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Investment Insights
Based on property information with market context.
This 2,000-square-foot duplex contains two units, each arranged over two floors. On the first level, each has a living room, eat-in kitchen, full bathroom, and laundry area. Upstairs are two bedrooms, a bonus room with a skylight, a second full bathroom, and attic storage. A rear storage area measuring 9' x 32' adds space beyond the units. The property needs work.
The duplex sits on 1+/- level acres in a country setting, with a spacious backyard. The property is located at 3979 State Route 17b in White Lake, NY.
The duplex sits on 1+/- level acres in a country setting, with a spacious backyard. The property is located at 3979 State Route 17b in White Lake, NY.
Key Highlights
- Two‑unit duplex with matching two‑level layouts
- 2,000 square feet on 1+/- level acres
- Each unit includes two bedrooms, a bonus room with skylight, and two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,945
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,900
$318.9K
Cap Rate 7%
$227,786
$227.8K
Cap Rate 9%
$177,167
$177.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$25.7K $12.84/SF
− Vacancy
−$2.9K −$1.45/SF
EGI
$22.8K $11.39/SF
− OpEx
−$6.8K −$3.42/SF
NOI
$15.9K $7.97/SF
Area
Sullivan County, NY
Vacancy
11.30%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,900
Cap Rate 7%
$227,786
Cap Rate 9%
$177,167
Alternative Uses
Best Use
Multifamily LT 5
$227.8K
$199.3K – $265.8K
NOI $15,945 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$218.1K
$190.9K – $254.5K
NOI $15,268 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$548.6K
$480.0K – $640.0K
NOI $38,400 @ 7.0% cap · market cap 21.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 12786, NY
711
Population
926
Households
0.8
Avg Household Size
53
Median Age
42%
College-Educated
91%
High-School Grad
17.2 sq mi
ZIP Area
41
Density / Sq Mi
$80,568
Median Household Income
$80,493
Median Earnings
$167,000
Median Home Value
Market
Properties on Market for Duplexes in Sullivan County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide matching two-level layouts with living, kitchen, laundry, and bedroom areas.
Where is this duplex located?
The property is located at 3979 State Route 17b White Lake, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two‑unit duplex with matching two‑level layouts; 2,000 square feet on 1+/- level acres; Each unit includes two bedrooms, a bonus room with skylight, and two full bathrooms
