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38 Vincent St - 38 Vincent Street, Rockville Centre 3 Unit Apartment Building Offered at $2,196,959 CAD at a 6.93% Cap Rate Rockville Centre, NY 11570
Investment Highlights
- Close proximity to Downtown Rockville Centre
- large units, the house features 9 bedrooms across 3 units
- New roof in 2025, new driveways in 2026, new PVC fencing and expanded curbs
Executive Summary
Newly renovated three-family home centrally located near Downtown Rockville Centre. This is a rare opportunity for either an owner-occupant seeking rental income or an investor looking to expand their portfolio. The property consists of three residential units, including a brand-new 2-bedroom dormer unit completed in 2025, a spacious 3-bedroom/1-bath unit, and a 4-bedroom/1.5-bath unit that was fully renovated in 2025. Recent upgrades include two newly redone private driveways, new PVC fencing, expanded curb cuts, and a repointed bluestone porch. Property is connected to municipal sewer and features natural gas heating. Please inquire about the current rent roll, operating expenses, and owner-financing options. Don't miss this exceptional opportunity.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
1 1
Very walkable
80/100
Fairly drivable
40/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2029-38-336-00-0230-0 | Total Assessment | $820 CAD (2025) |
| Land Assessment | $347 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $472 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
2029-38-336-00-0230-0
Land Assessment
$347 CAD (2025)
Improvements Assessment
$472 CAD (2025)
Total Assessment
$820 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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38 Vincent St - 38 Vincent Street, Rockville Centre
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