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    Historic Two-Family Duplex Opportunity Title is generated by Realmo AI

    610-612 E Monroe St, Little Falls, NY 13365

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    For Sale
    $169,900

    A character-rich two-family home with separate kitchens, full baths, and generous interiors for flexible living or rental use.

    Type:Multi Family
    Property size:
    3,000 SF
    Price / SF:
    $56/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:05 am

    Property Features for 610-612 E Monroe St

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1875

    We can help!

    Listing Contact
    Brandon Mosher
    Brandon Mosher

    Listing agent Brandon Mosher License #10301224028

    Listing office River Hills Properties LLC

    Listing date Jun 3, 2026

    Source Elliman

    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 River Hills Properties LLC

    HighLights

    • Two‑family home built in 1875 with nearly 3,000 sq ft of living space across two expansive floors.
    • 6 bedrooms and 2 full bathrooms total, with each unit offering its own kitchen, full bathroom, and bedroom space.
    • Interior features include hardwood floors, oversized rooms, original woodwork, and large sun‑filled windows.
    • Enclosed front porch adds extra entry/relaxation space, and the home has soaring ceilings.
    • Full basement provides storage and utility space.
    • Detached garage, paved parking area, and a generously sized yard for outdoor space and future improvements.

    Overview

    Built in 1875, this historic two-family duplex at 610–612 E Monroe St features spacious, high-ceiling interiors with oversized rooms and original woodwork throughout. Both units include their own kitchen and full bathroom, along with ample bedroom space, for a total of 6 bedrooms and 2 full bathrooms. Hardwood floors, large sun-filled windows, and the enclosed front porch add to the home’s classic character. A full basement provides substantial storage and utility space. Outside, the property offers a detached garage, a paved parking area, and a generously sized yard.

    The home is located near downtown Little Falls, with access to parks, restaurants, shopping, schools, and local amenities. Walk and bike scores indicate it’s within a somewhat walkable and somewhat bikeable area for everyday needs.

    This layout suits owners who want to occupy one unit while renting the other, as well as investors seeking a straightforward two-family configuration. The enclosed porch and yard support comfortable day-to-day living, while the separate kitchens and bathrooms in each unit help maintain practical privacy. The detached garage and paved parking add additional convenience for residents and guests.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Falls
    County
    Herkimer
    State
    New York
    Longitude
    -74.8552302
    Latitude
    43.0477084

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    FAQs

    What type of property is this?
    Duplex - A character-rich two-family home with separate kitchens, full baths, and generous interiors for flexible living or rental use.
    Where is this duplex located?
    The property is located at 610-612 E Monroe St Little Falls, NY.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: Two‑family home built in 1875 with nearly 3,000 sq ft of living space across two expansive floors.; 6 bedrooms and 2 full bathrooms total, with each unit offering its own kitchen, full bathroom, and bedroom space.; Interior features include hardwood floors, oversized rooms, original woodwork, and large sun‑filled windows.
    (315) 508-5268
    We can help!
    Listing Contact
    Brandon Mosher
    Brandon Mosher
    Real Estate License ID: 10301224028
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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