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Two-Unit Ranch Duplex
New
For Sale
$998,000

L1/2 Fort Hunter Road, Schenectady, NY 12303

MultiFamily, Schenectady, NY

Property Size3,800 SF
Lot Size0.82 Acres
Price / SF$262.63
Days on Market1

Property Features for L1/2 Fort Hunter Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning Multi Residence
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3
Parking 4
Parking features Driveway, Open, Garage
Window features Screens, Insulated Windows
Interior features Walk-In Closet(s), Cathedral Ceiling(s), Ceramic Tile Bath
Fireplace 1
Basement Full, Unfinished
Lot features Level, Road Frontage
Elementary school district Mohonasen
Middle school district Mohonasen
High school district Mohonasen
Directions Conveniently located just off Carman Road (NY Route 146) in the Fort Hunter area of Guilderland, near Exit 25 of the NYS Thruway (I-90) and close to I-890, providing easy access to Schenectady, Albany, shopping, and major highways.
Standard status Active
APN 71.06-4-3
Size 3,800 SF
Lot size 0.82 Acres

Taxes and HOA fees

Tax Annual Amount 4881

Utilities

Sewer type Septic Tank
Heating system Forced Air, Fireplace(s), Fireplace Insert
Cooling system Central Air
Water source Public

Amenities

open-concept architecture
cathedral ceilings
fireplace
hardwood floors
energy-efficient LED lighting
grand closets
open-concept kitchens
electric appliances
basement storage
freshly paved driveway
stone accents
rear backyard
EV charging capability

Building Details

Year built 2026
Number of units 2
Flooring type Hardwood
Building materials Stone, Vinyl Siding
Roof type Asphalt
Architectural style Ranch
Listing Agency: Howard Hanna Capital Inc
Listed By: Carlo Viscusi · License #10401396157
Added: Nov 4 Last Checked: Nov 4 at 10:06PM
MLS# 202629505

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-unit duplex contains 3,800 square feet across two single-story ranch residences, each with three bedrooms and two bathrooms. Interior features include hardwood flooring, cathedral ceilings, walk-in closets, ceramic tile baths, and a fireplace. Both kitchens have electric appliances, and each home includes a full basement and a two-car garage with EV charging capability. Central air and forced-air heating serve the property.

The property occupies 0.82 acres in Schenectady and is zoned Multi Residence. Site features include a paved driveway and rear yard. Public water and septic service are listed for the property.

Key Highlights

  • 3,800‑square‑foot duplex with two residences
  • 0.82‑acre property in Schenectady, zoned Multi Residence
  • Each residence has 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,276
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,520 $865.5K
Cap Rate 7%
$618,229 $618.2K
Cap Rate 9%
$480,844 $480.8K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$66.1K $17.40/SF
− Vacancy
−$4.3K −$1.13/SF
EGI
$61.8K $16.27/SF
− OpEx
−$18.5K −$4.88/SF
NOI
$43.3K $11.39/SF
Area
Schenectady County, NY
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,520
Cap Rate 7%
$618,229
Cap Rate 9%
$480,844

Alternative Uses

Best Use
Multifamily LT 5
$618.2K
$541.0K – $721.3K (±1% cap)
NOI $43,276 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$554.5K
$485.2K – $646.9K (±1% cap)
NOI $38,816 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.14M
$995.2K – $1.33M (±1% cap)
NOI $79,618 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

Demographics for 12303, NY

30,893
Population
12,533
Households
2.5
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
15.6 sq mi
ZIP Area
1,980
Density / Sq Mi
$77,615
Median Household Income
$50,051
Median Earnings
$1,120
Median Rent
$227,500
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

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a three-bedroom, two-bath layout, private garage, and EV charging capability.
Where is this duplex located?
The property is located at L1/2 Fort Hunter Road Schenectady, NY.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: 3,800‑square‑foot duplex with two residences; 0.82‑acre property in Schenectady, zoned Multi Residence; Each residence has 3 bedrooms and 2 bathrooms
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