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Updated Duplex with Central Air
For Sale
$385,000
Pending

4550-4552 Duanesburg Road, Princetown, NY 12056

Residential Income, Princetown, NY

Property Size2,468 SF
Lot Size2.38 Acres
Days on Market80

Property Features for 4550-4552 Duanesburg Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3
Parking features Driveway
Patio and Porch features Deck
Interior features Walk-In Closet(s)
Fireplace 1
High school district 000000
Directions Thruway to Exit 25A, I-88 to first exit. Left onto Becker Rd, right onto Duanesburg Rd, follow for 3.5 miles, property will be on the right.
Standard status Pending
APN 422600 55.-1-8.2
Size 2,468 SF
Lot size 2.38 Acres

Taxes and HOA fees

Tax Annual Amount 5302

Utilities

Sewer type Septic Tank
Heating system Propane (Heating), Forced Air
Water source Well

Amenities

central air
deck
storage
washer/dryer

Building Details

Year built 1988
Number of units 2
Flooring type Vinyl, Carpet
Building materials Aluminum
Roof type Asphalt
Listing Agency: Miranda Real Estate Group Inc
Listed By: Jennifer C Whipple
Added: Aug 5 Changed: Oct 18 Last Checked: Oct 23 at 5:06AM
MLS# 11922265

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This duplex contains two residential units, each arranged with two bedrooms and one-and-a-half bathrooms. The interiors include updated kitchens and bathrooms, walk-in closets, vinyl and carpet flooring, central air, forced-air heating, and propane service. Each unit also has a deck and a separate basement storage area with a washer and dryer. The property includes a driveway, aluminum construction, an asphalt roof, and a fireplace.

Built in 1988, the property measures 2468 square feet and is served by a private well and septic system. A garage rental option is available. The address is 4550-4552 Duanesburg Road in Princetown, within the Schalmont School District.

Key Highlights

  • Duplex with 2468 square feet of property size
  • Each unit offers 2 bedrooms and 1.5 bathrooms
  • Updated kitchens and bathrooms in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,106
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,120 $562.1K
Cap Rate 7%
$401,514 $401.5K
Cap Rate 9%
$312,289 $312.3K
Market Conditions
NOI Build-Up for 2,468 SF
Gross rent
$42.9K $17.40/SF
− Vacancy
−$2.8K −$1.13/SF
EGI
$40.2K $16.27/SF
− OpEx
−$12.0K −$4.88/SF
NOI
$28.1K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,120
Cap Rate 7%
$401,514
Cap Rate 9%
$312,289

Alternative Uses

Best Use
Multifamily LT 5
$401.5K
$351.3K – $468.4K (±1% cap)
NOI $28,106 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$360.1K
$315.1K – $420.2K (±1% cap)
NOI $25,210 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$738.7K
$646.4K – $861.8K (±1% cap)
NOI $51,710 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 12056, NY

2,192
Population
805
Households
2.7
Avg Household Size
50
Median Age
33%
College-Educated
99%
High-School Grad
18.8 sq mi
ZIP Area
117
Density / Sq Mi
$117,652
Median Household Income
$82,545
Median Earnings
$1,277
Median Rent
$346,400
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature refreshed kitchens, bathrooms, decks, and dedicated basement storage.
Where is this duplex located?
The property is located at 4550-4552 Duanesburg Road Princetown, 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: Duplex with 2468 square feet of property size; Each unit offers 2 bedrooms and 1.5 bathrooms; Updated kitchens and bathrooms in both units
More about this property
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