Side-by-Side
465 Hulett St, Schenectady, NY 12307
For Sale
$290,000
Pending
The duplex has side-by-side units and updates to major building systems.
Property Size2,508 SF
Days on Market63
Property Features for 465 Hulett St
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Roohan Realty
Listed By:
Brian Walters · License NY 30WA0832219
(518) 526-1800
Source:
Albanyprimeproperties
Added: Sep 9
Changed: Nov 8
Last Checked: Nov 8 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 Roohan Realty
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex is arranged as two side-by-side residences, providing each unit with its own distinct layout. The property encompasses 2,508 square feet and has received updates to the electrical, plumbing, roofing, siding, and windows.
Located at 465 Hulett St in Schenectady, the property offers a residential income configuration suited to duplex ownership and occupancy.
Located at 465 Hulett St in Schenectady, the property offers a residential income configuration suited to duplex ownership and occupancy.
Key Highlights
- Side‑by‑side duplex configuration
- 2,508 square feet of property size
- Electrical, plumbing, roof, siding, and window updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,619
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,380
$512.4K
Cap Rate 7%
$365,986
$366.0K
Cap Rate 9%
$284,656
$284.7K
Market Conditions
NOI Build-Up for 2,508 SF
Gross rent
$49.7K $19.80/SF
− Vacancy
−$3.1K −$1.23/SF
EGI
$46.6K $18.57/SF
− OpEx
−$21.0K −$8.36/SF
NOI
$25.6K $10.21/SF
Area
Schenectady County, NY
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,380
Cap Rate 7%
$365,986
Cap Rate 9%
$284,656
Alternative Uses
Best Use
Multifamily LT 5
$408.0K
$357.0K – $476.0K
NOI $28,562 @ 7.0% cap · market cap 9.85%
Second Best
Apartment 5plus
$366.0K
$320.2K – $427.0K
NOI $25,619 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$750.7K
$656.9K – $875.8K
NOI $52,548 @ 7.0% cap · market cap 18.12%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,127
Businesses Nearby
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Business Placement
Demographics for 12307, NY
7,567
Population
3,491
Households
2.2
Avg Household Size
32
Median Age
14%
College-Educated
74%
High-School Grad
0.7 sq mi
ZIP Area
10,810
Density / Sq Mi
$33,191
Median Household Income
$28,878
Median Earnings
$1,110
Median Rent
$95,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Schenectady, NY
Properties on Market for Duplexes in Schenectady
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The duplex has side-by-side units and updates to major building systems.
Where is this duplex located?
The property is located at 465 Hulett St Schenectady, NY.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Side‑by‑side duplex configuration; 2,508 square feet of property size; Electrical, plumbing, roof, siding, and window updates
