Two-Unit Duplex with Separate
New
For Sale
$339,900
754 Herman Road, Webster, NY 14580
A 3-bedroom main residence and adjoining 2-bedroom apartment offer distinct living spaces, each with first-floor laundry.
Property Size2,331 SF
Lot Size0.90 Acres
Days on Market5
Property Features for 754 Herman Road
General Information
Standard status
Active
Size
2,331 SF
Lot size
0.90 Acres
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,859
Amenities
fireplace
in-unit laundry
Murphy bed
internet available
Building Details
Building Size
2,331 SF
Year Built
1955
Listing Agency:
Howard Hanna
Listed By:
Debranne Jacob · License #10301200256
(585) 389-4019
Source:
Highfallssir
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 2:49PM
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 Howard Hanna
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Investment Insights
Based on property information with market context.
This duplex pairs a 3-bedroom main residence with an adjoining 2-bedroom apartment that has its own entrance, open kitchen and living area, and full bath. The main unit includes 2 full baths, 2 half baths, a wood-burning fireplace, and a finished walkout lower level with a Murphy bed. A porch half bath adds another feature, and both units have first-floor laundry. The property spans 0.9 acres and was built in 1955.
Mechanical and exterior work includes a boiler installed in 2021 with three zones serving the apartments and lower level, front roof replacement in 2017, a rear roof tear-off in 2023, and leach line replacement in 2022. Greenlight internet is available on the premises.
Herman Road Forever Wild is two houses away, with connections to Webster Park and trails toward Lake Ontario for hiking, biking, and cross-country skiing.
Mechanical and exterior work includes a boiler installed in 2021 with three zones serving the apartments and lower level, front roof replacement in 2017, a rear roof tear-off in 2023, and leach line replacement in 2022. Greenlight internet is available on the premises.
Herman Road Forever Wild is two houses away, with connections to Webster Park and trails toward Lake Ontario for hiking, biking, and cross-country skiing.
Key Highlights
- Main residence has 3 bedrooms, 2 full baths, and 2 half baths
- Separate‑entry apartment includes 2 bedrooms, a full bath, and an open kitchen and living area
- Finished walkout lower level features a Murphy bed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,729
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,580
$434.6K
Cap Rate 7%
$310,414
$310.4K
Cap Rate 9%
$241,433
$241.4K
Market Conditions
NOI Build-Up for 2,331 SF
Gross rent
$32.2K $13.80/SF
− Vacancy
−$1.1K −$0.48/SF
EGI
$31.0K $13.32/SF
− OpEx
−$9.3K −$4.00/SF
NOI
$21.7K $9.32/SF
Area
Monroe County, NY
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,580
Cap Rate 7%
$310,414
Cap Rate 9%
$241,433
Alternative Uses
Best Use
Multifamily LT 5
$310.4K
$271.6K – $362.2K
NOI $21,729 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$280.4K
$245.3K – $327.1K
NOI $19,627 @ 7.0% cap · market cap 5.77%
Theoretical Best
Specialty Retail
$447.5K
$391.6K – $522.1K
NOI $31,324 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
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Business Placement
Demographics for 14580, NY
54,148
Population
24,355
Households
2.2
Avg Household Size
46
Median Age
45%
College-Educated
96%
High-School Grad
42.6 sq mi
ZIP Area
1,271
Density / Sq Mi
$95,499
Median Household Income
$58,150
Median Earnings
$1,387
Median Rent
$253,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A 3-bedroom main residence and adjoining 2-bedroom apartment offer distinct living spaces, each with first-floor laundry.
Where is this duplex located?
The property is located at 754 Herman Road Webster, NY.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Main residence has 3 bedrooms, 2 full baths, and 2 half baths; Separate‑entry apartment includes 2 bedrooms, a full bath, and an open kitchen and living area; Finished walkout lower level features a Murphy bed
