982 S Schodack Road, Castleton, NY 12033
MULTI_FAMILY - Castleton, NY
- Added:
- Mar 31, 2026
- Days on Market:
- 93
- Last Refresh:
- Jul 1 at 9:06 am
Property Features for 982 S Schodack Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Laundry Room, Bedroom 2, Bathroom 2, Bedroom 6
- Parking
- 8
- Parking features
- Off Street
- Window features
- Insulated Windows
- Patio and Porch features
- Porch
- Interior features
- High Speed Internet
- Basement
- Full, Exterior Entry, Unfinished
- Standard status
- Active
- APN
- 384489 219.-1-8.111
- Size
- 4,224 SF
- Lot size
- 3.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7823
Utilities
- Utilities
- Cable Available
- Sewer type
- Shared Septic, Septic Tank
- Heating system
- Electric (Heating), Baseboard
- Water source
- Well
Building Details
- Year built
- 1800
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Vinyl Siding
- Roof type
- Shingle, Flat, Asphalt
Listing agent Karen R Westman License #30WE1064299 (518) 366-7788
Listing office Berkshire Hathaway Home Services Blake 6 Hudson St, Albany, NY (518) 758-1300
Listing date Mar 31, 2026
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.
HighLights
- 4‑unit property on a 3.17‑acre parcel with off‑street parking and green space
- Three fully leased apartments on stable 1‑year leases (3 two‑bed and 1 three‑bed)
- Interiors renovated in 2025 with new windows, plumbing, SS appliances, flooring, kitchens, and baths
- Utilities include cable available, high‑speed internet, and newer shared well plus shared septic/septic tank
- Each unit has its own new electric and water heaters, plus a separate owner's electric service for laundry and common areas
- On‑site coin‑operated laundry room and off‑street parking; electric heating with baseboard
Overview
Local 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 | $83.6k | $19.80 |
| − Vacancy | −$4.6k | −$1.09 |
| EGI | $79.0k | $18.71 |
| − OpEx | −$23.7k | −$5.61 |
| NOI | $55.3k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Castleton
- County
- Rensselaer
- State
- New York
- Longitude
- -73.703245
- Latitude
- 42.497261
