Fully-rented triplex in Stillwater generating $31,200 in annual gross income. Low expenses (approx. $6934.27/year) yields a strong NOI of $28,250 and an estimated cap rate of 8.26%. Features 6 beds / 3 baths, separate utilities, and off-street parking. Minutes from Saratoga Springs. Great for investors seeking cash flow. 48 hrs notice required for showings. Do not disturb tenants.
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Stillwater is located in New York. Stillwater, New York has a population of 9,017. Stillwater is less family-centric than the surrounding county with 30.62% of the households containing married families with children. The county average for households married with children is 31.73%.
The median household income in Stillwater, New York is $89,902. The median household income for the surrounding county is $90,800 compared to the national median of $69,021. The median age of people living in Stillwater is 46.3 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 43.2 inches per year, with 57.3 inches of snow per year.