12 Grove Road

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12 Grove Road

Cairo, NY 12413
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily property located at 12 Grove Road in Cairo, New York
  • Asset contains two distinct apartment units for residential occupancy
  • Situated within the accessible landscape of the greater Catskill region
  • Provides potential for stable rental income in a Greene County market
  • Connects tenants to regional employment centers across the Hudson Valley

What's Special

This multifamily apartment building at 12 Grove Road in Cairo, New York, consists of two individual residential units. Situated in a region characterized by its proximity to the Catskill Mountains, the property serves as a stable asset within this upstate New York submarket. Cairo functions as a gateway to regional outdoor recreation, drawing consistent demand for rental housing from those working in nearby service industries or seeking a quieter pace of life away from major metropolitan hubs. Investors may find potential for long-term rental income or the possibility of future renovation to modernize existing living spaces. Given the current configuration, this asset suits a landlord looking for a manageable portfolio addition in an established residential pocket of Greene County. The location benefits from access to local thoroughfares connecting to larger economic centers in the Hudson Valley, providing a practical setting for a variety of tenant demographics looking for accessible multi-unit housing options.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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