Newly Built Side-by-Side
New
For Sale
$998,000
L1/2 Fort Hunter Road #1 & 2, Schenectady, NY 12303
Two single-story residences each provide a three-bedroom, two-bath layout with a private two-car garage.
Property Size3,800 SF
Price / SF$262.63
Days on Market1
Property Features for L1/2 Fort Hunter Road #1 & 2
General Information
Standard status
Active
Size
3,800 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Zoning
Multi Residence
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$4,881
Amenities
fireplace
hardwood floors
cathedral ceilings
LED lighting
grand closets
full-sized basement
freshly paved driveway
stone accents
rear backyard
EV charging capability
Building Details
Year Built
2026
Buildings
1
Stories
1
Construction
ranch
Listing Agency:
Howard Hanna Capital Inc
Listed By:
Carlo Viscusi · License #10401396157
(518) 369-2490
Source:
Capmarkrealty
Added: Nov 4
Last Checked: Nov 4 at 2:17PM
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 Howard Hanna Capital Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this side-by-side duplex contains 3,800 square feet across two single-story units of approximately 1,900 square feet each. Both residences have three bedrooms, two bathrooms, open-plan kitchens, cathedral ceilings, fireplaces, hardwood floors, and full-sized basements. Each unit also has a two-car garage with EV charging capability.
The property sits on Fort Hunter Road in Schenectady, New York. Site features include a paved driveway and a rear backyard. Zoning is Multi Residence.
The property sits on Fort Hunter Road in Schenectady, New York. Site features include a paved driveway and a rear backyard. Zoning is Multi Residence.
Key Highlights
- 3,800 square feet total; two units of approximately 1,900 square feet each
- New construction completed in 2026
- Each unit has three bedrooms, two bathrooms, and a two‑car garage
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
NOI $43,276 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$554.5K
$485.2K – $646.9K
NOI $38,816 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.14M
$995.2K – $1.33M
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two single-story residences each provide a three-bedroom, two-bath layout with a private two-car garage.
Where is this duplex located?
The property is located at L1/2 Fort Hunter Road #1 & 2 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 feet total; two units of approximately 1,900 square feet each; New construction completed in 2026; Each unit has three bedrooms, two bathrooms, and a two‑car garage
