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Triplex with Renovated Studio
New
For Sale
$389,900

822 Hard Road, Webster, NY 14580

All three residences are leased, with a recently updated studio among the unit options.

Property Size2,649 SF
Days on Market5

Property Features for 822 Hard Road

General Information

Standard status Active
Size 2,649 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 1 x 3BR, 1 x 2BR, 1 x studio
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $6,574

Amenities

large paved driveway
private partially fenced backyard

Building Details

Building Size 2,649 SF
Year Built 1968
Listing Agency: Your Home Sweet Home Realty Inc.
Listed By: Rhonda Marie Sweet · License #10311207520
Source: Griffith-realty
Added: Oct 2 Changed: Oct 6 Last Checked: Oct 5 at 6:58PM

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 Your Home Sweet Home Realty Inc.

Investment Insights

Based on property information with market context.

This 1968 triplex in Webster, New York, contains three residences: a three-bedroom unit, a two-bedroom unit, and a studio that has been renovated. The property is fully leased. Site features include a paved driveway and a backyard that is private and partly enclosed by fencing.

Key Highlights

  • Three‑unit residential property, built in 1968
  • Unit mix includes one 3‑bedroom, one 2‑bedroom, and one studio apartment
  • Renovated studio apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,694
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,880 $493.9K
Cap Rate 7%
$352,771 $352.8K
Cap Rate 9%
$274,378 $274.4K
Market Conditions
NOI Build-Up for 2,649 SF
Gross rent
$36.6K $13.80/SF
− Vacancy
−$1.3K −$0.48/SF
EGI
$35.3K $13.32/SF
− OpEx
−$10.6K −$4.00/SF
NOI
$24.7K $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%
$493,880
Cap Rate 7%
$352,771
Cap Rate 9%
$274,378

Alternative Uses

Best Use
Multifamily LT 5
$352.8K
$308.7K – $411.6K (±1% cap)
NOI $24,694 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$318.6K
$278.8K – $371.7K (±1% cap)
NOI $22,304 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$508.5K
$445.0K – $593.3K (±1% cap)
NOI $35,597 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - All three residences are leased, with a recently updated studio among the unit options.
Where is this triplex located?
The property is located at 822 Hard Road Webster, NY.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Three‑unit residential property, built in 1968; Unit mix includes one 3‑bedroom, one 2‑bedroom, and one studio apartment; Renovated studio apartment
More about this property
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