31 Clearwater Road

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31 Clearwater Road

Highland, NY 12528
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 available for sale in Highland
  • Two-unit residential property located at 31 Clearwater Road
  • Asset occupies a convenient location within the Hudson Valley
  • Property suits investors focusing on stable residential rental income
  • The 12528 ZIP code provides access to regional transportation

What's Special

For sale in Highland, New York, this multifamily apartment building presents a straightforward acquisition for investors seeking residential rental assets. The property contains two units, providing a manageable scale for localized property management or small-scale portfolio expansion. Highland is situated within the Hudson Valley region, a growing area that continues to attract residents looking for proximity to larger employment hubs while maintaining a suburban lifestyle. Its location at 31 Clearwater Road offers access to regional transit routes and local commercial corridors, making it a functional choice for tenants commuting throughout the county. Apartment buildings of this size in the 12528 ZIP code are well-suited for long-term hold strategies. The configuration of the building allows for consistent residential occupancy in a market characterized by steady demand for rental housing. Investors can capitalize on the established residential character of the Highland submarket to maintain stable income streams from both units.

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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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