Two-Family Residential Income
630 N Pearl Street Menands, NY 12204
New
630 N Pearl Street, Menands, NY, 12204
$275,000
For Sale
$275,000
MULTI_FAMILY - Menands, NY
Property Size2,328 SF
Lot Size0.13 Acres
Price / SF$118.13
Days on Market2
Property Features for 630 N Pearl Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
- Parking
- 3
- Parking features
- Garage, Off Street, Driveway
- Window features
- Blinds, Double Pane Windows
- Patio and Porch features
- Porch
- Interior features
- Paddle Fan, Chair Rail
- Basement
- Interior Entry, Unfinished, Full
- Standard status
- Active
- APN
- 010100 65.28-1-62
- Size
- 2,328 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2515
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Flooring type
- Hardwood, Vinyl
- Building materials
- Aluminum Siding
- Roof type
- Asphalt
Listing Agency
Coldwell Banker Prime Properties
(518) 439-9600
1345 New Scotland Road, Green Island, NY
Listed by
Mary E Amodeo · License #10301220214
(518) 469-7677
Added: Jul 17 Checked: Jul 18 at 7:06 am
MLS# 202622042
Listing URL
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 two-family residential income property is presented in excellent condition. Updates noted include fresh paint, a remodeled kitchen and bath, gorgeous hardwood floors, and new railings on the second-floor porch. Additional improvements include a completely remodeled first-floor porch, a new driveway, a new water heater, new gutters, and a new back fence. The exterior was painted in 2024.
The property is located in Menands, New York, at 630 N Pearl Street. It is described as conveniently positioned near highways as well as hospitals and restaurants.
The listing is offered for sale, with the property configured as a two-family home designed for either investment use or owner-occupancy.
The property is located in Menands, New York, at 630 N Pearl Street. It is described as conveniently positioned near highways as well as hospitals and restaurants.
The listing is offered for sale, with the property configured as a two-family home designed for either investment use or owner-occupancy.
Key Highlights
- 2‑family home built in 1920 with hardwood and vinyl flooring
- Remodeled kitchen and bathrooms plus fresh paint throughout
- New driveway, gutters, and back fence; exterior painted in 2024
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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with remodeled kitchen and bath, updated exteriors, and new exterior components.
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: 2‑family home built in 1920 with hardwood and vinyl flooring; Remodeled kitchen and bathrooms plus fresh paint throughout; New driveway, gutters, and back fence; exterior painted in 2024
