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    Colden Duplex on Six Acres Title is generated by Realmo AI

    9422 Partridge Road, Colden, NY 14033

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    For Sale
    $489,900

    MULTI_FAMILY - Other - Colden, NY

    Property size:
    3,066 SF
    Lot size:
    6.00 Acres
    Price / SF:
    $159/SF
    Added:
    Feb 26, 2026
    Days on Market:
    77
    Last Refresh:
    May 14 at 8:06 pm

    Property Features for 9422 Partridge Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Basement
    Patio and Porch features
    Deck, Porch
    Interior features
    CeilingFans, SlidingGlassDoors
    Exterior features
    Deck, PropaneTankLeased
    Appliances
    PropaneWaterHeater
    Standard status
    Active
    APN
    143400-229-000-0001-055-112
    Size
    3,066 SF
    Lot size
    6.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8654

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Propane (Heating), Forced Air
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    2016
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Carpet, Vinyl
    Building materials
    VinylSiding
    Roof type
    Shingle, Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Tina J Dillon
    Tina J Dillon

    Listing agent Tina J Dillon License #40DI0668381

    Listing office Keller Williams Realty Lancaster 3400 Southwestern Blvd., Elma, NY

    Listing date Feb 26, 2026

    MLS# B1663272 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Spacious duplex featuring two 3‑bedroom, 2‑bath apartments for built‑in income potential.
    • Situated on 6 acres of private country land.
    • Separate utilities for easy management.
    • Full basement offers excellent storage and finishing potential.
    • Ample space for outbuildings.
    • Built in 2016 with modern amenities.

    Overview

    This well-maintained duplex in Colden, NY, offers two spacious 3-bedroom, 2-bath apartments, presenting an opportunity for owner-occupancy with rental income or investment. Each unit includes a functional, well-appointed kitchen with appliances and generous living space. Separate utilities for each apartment provide convenience and simplified management. A full basement offers storage and potential to be finished for additional living space, a recreation area, workshop, or home office. Set back from the road, the home provides privacy and a quiet setting. The expansive backyard is surrounded by nature, offering a tranquil retreat with room to roam, garden, or enjoy the outdoors. Situated on 6 acres, there is ample space to build a garage, pole barn, or additional outbuilding. The property is currently tenant occupied. The property size is 3066 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Colden
    County
    Erie
    State
    New York
    Longitude
    -78.643114
    Latitude
    42.651197

    FAQs

    What type of property is this?
    Duplex - Duplex with two 3-bedroom units on 6 acres.
    Where is this duplex located?
    The property is located at 9422 Partridge Road Colden, NY.
    What is the asking price?
    The asking price for this property is $489,900.
    What are key features of this property?
    This property features: Spacious duplex featuring two 3‑bedroom, 2‑bath apartments for built‑in income potential.; Situated on 6 acres of private country land.; Separate utilities for easy management.
    (716) 474-5646
    We can help!
    Listing Contact
    Tina J Dillon
    Tina J Dillon
    Real Estate License ID: 40DI0668381
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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