Duplex With Updated
For Sale
$350,000
96-98 Willowick Drive, Fairport, NY 14450
One unit includes a new kitchen and bathroom, while major mechanical systems are 10 years old or less.
Property Size2,560 SF
Days on Market9
Property Features for 96-98 Willowick Drive
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,317
Building Details
Building Size
2,560 SF
Year Built
1974
Buildings
1
Listing Agency:
Keller Williams Realty Greater Rochester
(585) 340-4894
Listed By:
Nicholas J Wenderlich · License #10401252003
(585) 340-4894
Source:
Griffith-realty
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 4 at 2:55AM
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 Keller Williams Realty Greater Rochester
Investment Insights
Based on property information with market context.
Built in 1974, this duplex at 96-98 Willowick Drive provides two residential units within one property. One unit features a new kitchen and bathroom, and the major mechanical systems serving the property are 10 years old or less. The configuration may suit an owner-occupant or an investor, as reflected in the property details.
The property is located in Perinton, NY 14450, near Fairport High School, Wegmans, shopping plazas, local boutiques, and Fairport restaurants. These nearby destinations provide access to schools, grocery shopping, retail, and dining.
The property is located in Perinton, NY 14450, near Fairport High School, Wegmans, shopping plazas, local boutiques, and Fairport restaurants. These nearby destinations provide access to schools, grocery shopping, retail, and dining.
Key Highlights
- Duplex with two residential units
- One unit features a new kitchen and bathroom
- Major mechanical systems are 10 years old or less
Financial Insights For Multifamily LT 5
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 | $35.3k | $13.80 |
| − Vacancy | −$1.2k | −$0.48 |
| EGI | $34.1k | $13.32 |
| − OpEx | −$10.2k | −$4.00 |
| NOI | $23.9k | $9.32 |
2,560 SF · lease $13.80/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.9K
$298.3K – $397.7K
NOI $23,864 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$307.9K
$269.4K – $359.3K
NOI $21,555 @ 7.0% cap · market cap 6.16%
Theoretical Best
Specialty Retail
$491.4K
$430.0K – $573.4K
NOI $34,401 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
Explore this area
Business Placement
Demographics for 14450, NY
42,633
Population
19,054
Households
2.2
Avg Household Size
47
Median Age
60%
College-Educated
97%
High-School Grad
32.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$109,543
Median Household Income
$62,613
Median Earnings
$1,258
Median Rent
$281,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - One unit includes a new kitchen and bathroom, while major mechanical systems are 10 years old or less.
Where is this duplex located?
The property is located at 96-98 Willowick Drive Fairport, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex with two residential units; One unit features a new kitchen and bathroom; Major mechanical systems are 10 years old or less
