Remodeled Two-Family
630 N Pearl Street Menands, NY 12204
New
630 N Pearl Street, Menands, NY, 12204
$275,000
For Sale
$275,000
Two-family residence with remodeled kitchen and bath, hardwood floors, and multiple recent exterior and mechanical updates.
Property Size2,328 SF
Price / SF$118.13
Days on Market7
Property Features for 630 N Pearl Street
General Information
- Standard status
- Active
- Size
- 2,328 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
Coldwell Banker Prime Properties
Listed by
Mary E Amodeo
(518) 639-4663
Source
Signatureonerealtygroup
Added: Jul 16 Updated: Jul 21 at 7:41PM Checked: Jul 21 at 7:41PM
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 Coldwell Banker Prime Properties
Investment Insights
Based on property information with market context.
This two-family home is described as being in excellent condition and includes a range of recent updates throughout. Interior improvements noted in the listing include fresh paint, a remodeled kitchen and bath, and hardwood floors. Exterior and exterior-adjacent updates include a new driveway, new water heater, new gutters, a new back fence, and new railings on the second-floor porch, along with a completely remodeled first-floor porch. The entire exterior was painted in 2024.
The property is located at 630 N Pearl Street in Menands, NY 12204, and the listing notes convenience to highways, hospitals, and restaurants.
As presented, the home offers a two-family configuration with both interior remodels and multiple supporting improvements intended to support day-to-day upkeep.
The property is located at 630 N Pearl Street in Menands, NY 12204, and the listing notes convenience to highways, hospitals, and restaurants.
As presented, the home offers a two-family configuration with both interior remodels and multiple supporting improvements intended to support day-to-day upkeep.
Key Highlights
- Two‑family home built in 1920
- Remodeled kitchen and bath
- Gorgeous hardwood floors
Local Financial Insights For Apartment 5plus
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 | $46.1k | $19.80 |
| − Vacancy | −$2.9k | −$1.23 |
| EGI | $43.2k | $18.57 |
| − OpEx | −$19.5k | −$8.36 |
| NOI | $23.8k | $10.21 |
2,328 SF · lease $19.80/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.7K
$331.4K – $441.9K
NOI $26,512 @ 7.0% cap · market cap 9.64%
Second Best
Apartment 5plus
$339.7K
$297.3K – $396.3K
NOI $23,780 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$614.2K
$537.4K – $716.6K
NOI $42,994 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family residence with remodeled kitchen and bath, hardwood floors, and multiple recent exterior and mechanical updates.
Where is this duplex located?
The property is located at 630 N Pearl Street Menands, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑family home built in 1920; Remodeled kitchen and bath; Gorgeous hardwood floors
