Duplex with Pond
For Sale
$334,500
630 County Route 61, Cambridge, NY 12816
MultiFamily, Cambridge, NY
Property Size1,920 SF
Lot Size0.19 Acres
Price / SF$174.22
Days on Market8
Property Features for 630 County Route 61
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking
6
Parking features
Driveway, Off Street
Patio and Porch features
Deck
Fireplace
1
Lot features
Views, Waterfront
View
Water
Elementary school
Cambridge
High school
Cambridge
Elementary school district
Cambridge
Middle school district
Cambridge
High school district
Cambridge
Directions
Route 22 North of Vilage of Cambridge to Cty Route 61 turn right onto 61 just past log cabins
Standard status
Active
APN
534200 231.20-2-22
Size
1,920 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Annual Amount
3833
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Pellet Stove, Electric (Heating), Baseboard
Water source
Well
Water front
1
Amenities
lake views
Building Details
Year built
1989
Number of units
2
Flooring type
Laminate
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
PennyDot Realty
(518) 677-2186
Listed By:
Penny M Spiezio · License #10311209105
(518) 321-9767
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 10 at 9:06AM
MLS# 202627590
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,920-square-foot duplex contains two renovated residences. The property sits on a 0.19-acre parcel beside Schoolhouse Pond, with views across the water. Built in 1989, the building has vinyl siding, laminate flooring, a shingle roof, and a deck. Heating is provided by electric baseboard systems and a pellet stove; a fireplace is also present.
The two-unit configuration allows for rental use of both residences or occupancy of one unit while leasing the other. The property has a private well and septic system, cable availability, and driveway and off-street parking.
The two-unit configuration allows for rental use of both residences or occupancy of one unit while leasing the other. The property has a private well and septic system, cable availability, and driveway and off-street parking.
Key Highlights
- Two‑unit duplex with 1,920 square feet of building area
- Both residences have been renovated
- 0.19‑acre parcel beside Schoolhouse Pond with water views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,230
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,600
$444.6K
Cap Rate 7%
$317,571
$317.6K
Cap Rate 9%
$247,000
$247.0K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$33.4K $17.40/SF
− Vacancy
−$1.7K −$0.86/SF
EGI
$31.8K $16.54/SF
− OpEx
−$9.5K −$4.96/SF
NOI
$22.2K $11.58/SF
Area
Washington County, NY
Vacancy
4.94%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,600
Cap Rate 7%
$317,571
Cap Rate 9%
$247,000
Alternative Uses
Best Use
Multifamily LT 5
$317.6K
$277.9K – $370.5K
NOI $22,230 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$476.3K
$416.8K – $555.7K
NOI $33,343 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 12816, NY
4,366
Population
2,581
Households
1.7
Avg Household Size
49
Median Age
32%
College-Educated
93%
High-School Grad
59.9 sq mi
ZIP Area
73
Density / Sq Mi
$79,669
Median Household Income
$48,187
Median Earnings
$1,064
Median Rent
$213,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - The two-unit layout accommodates separate rental occupancy or a combination of owner residence and rental use.
Where is this duplex located?
The property is located at 630 County Route 61 Cambridge, NY.
What is the asking price?
The asking price for this property is $334,500.
What are key features of this property?
This property features: Two‑unit duplex with 1,920 square feet of building area; Both residences have been renovated; 0.19‑acre parcel beside Schoolhouse Pond with water views
