5635 E DAVEY RD, Brewerton, NY 13029
Two houses on one lot with water views.
- Added:
- Feb 4, 2026
- Days on Market:
- 147
- Last Refresh:
- May 12 at 9:51 pm
Property Features for 5635 E DAVEY RD
General Information
- Standard status
- Active
- Size
- 3,230 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1940
Listing office Adolfi Real Estate, Inc. (315) 695-6434
Listing date Feb 4, 2026
Source Xome
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 Adolfi Real Estate, Inc.
HighLights
- Waterfront property with lake views and deeded beach access.
- Two separate houses on one lot, ideal for investment or multi‑generational living.
- Consistent rental income from the second house (2 bed/1 bath).
- Main house (4 bed/2 bath) includes an in‑law suite.
- Updated kitchens and bathrooms in both houses.
- Includes a dock, deck, patio, and fenced yard.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.3k | $16.20 |
| − Vacancy | −$3.2k | −$1.00 |
| EGI | $49.1k | $15.20 |
| − OpEx | −$14.7k | −$4.56 |
| NOI | $34.4k | $10.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brewerton
- County
- Onondaga
- State
- New York
- Longitude
- -76.134834
- Latitude
- 43.236398
