288 Frank Hitchcock Road

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288 Frank Hitchcock 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 apartment building located in Cairo, New York.
  • Investment property positioned within the Greene County market.
  • The site is located at 288 Frank Hitchcock Road.
  • Assets of this type serve the local rental housing demand.
  • Property is currently available for sale.

What's Special

Cairo remains a key focal point in the Catskills region, offering a balance of rural charm and accessibility for those seeking residential investment stability in upstate New York. This multifamily apartment building serves as a versatile asset in a submarket characterized by steady demand for rental housing options. The property is well-positioned for investors looking to expand their portfolio within Greene County, where the local economy benefits from regional tourism and proximity to larger metro hubs. Multifamily residential buildings in this locale often attract long-term tenants drawn to the regional landscape and the slower pace of life provided by the surrounding community. Prospective owners may find this site suitable for repositioning or maintaining as a stable income-producing holding within an established residential corridor.

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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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