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    Multi-Unit Income Property Title is generated by Realmo AI

    1268 County Road 19, Beaver Dams, NY 14812

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    Claim this Listing
    For Sale
    $495,999

    MULTI_FAMILY - Beaver Dams, NY

    Property size:
    5,136 SF
    Lot size:
    0.91 Acres
    Price / SF:
    $96/SF
    Added:
    Apr 15, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 4 at 5:06 am

    Property Features for 1268 County Road 19

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Rooms
    Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 2, Basement
    Parking features
    Garage
    Exterior features
    BlacktopDriveway
    Appliances
    CommonWaterHeater, GasOven, GasRange
    Standard status
    Active
    APN
    442489-104-009-0001-014-000-0000
    Size
    5,136 SF
    Lot size
    0.91 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4873

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard, Natural Gas
    Water source
    Well

    Building Details

    Year built
    1960
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Varies, Vinyl
    Building materials
    AluminumSiding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Joshua Mattucci

    Listing agent Joshua Mattucci License #10401384623

    Listing office Howard Hanna Elmira 215 W CHURCH ST, Corning, NY

    Listing date Apr 15, 2026

    MLS# R1671656 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑unit home with income‑producing layout: 3‑bedroom unit (full bath), studio (half bath), multiple additional rooms, and shared kitchen/common area
    • Over 8,000 sq ft of living space including basement, plus a .9‑acre lot with room for future expansion or development
    • Second floor features 7 rooms with 1 full bath and 2 half baths, plus a large deck overlooking the backyard
    • First floor includes 1 studio apt with a half bath, 3 additional rooms with 2 half baths, shower, shared kitchen, laundry room, and rear deck
    • Full basement has some finished space, several storage rooms, and office space, with 1 forced air furnace, 1 boiler, and 2 hot water heaters
    • Utilities and exterior: well water, septic tank, natural gas baseboard heat, asphalt roof, aluminum siding, vinyl flooring, and garage parking with blacktop driveway

    Overview

    This multi-unit income property offers a mix of unit types across multiple levels, designed for combining rental revenue with potential additional income opportunities. The left side of the building includes a 3-bedroom apartment with a full bath. The first floor features a studio apartment with a half bath plus additional rooms with shared kitchen and common area, along with multiple half baths, a shower, and a laundry room. A rear deck and a handicap-accessible front porch further enhance usability.

    Upstairs, the second floor includes additional rooms with one full bath, two half baths, and a large deck overlooking the back yard. The full basement includes some finished space, storage rooms, and office space, with a forced air furnace, a boiler, and two hot water heaters. Including the basement, the property is over 8,000 square feet, set on a spacious 0.91-acre lot.

    With its multi-unit layout, decks, accessible entrance, and ongoing income production, the property may appeal to investors seeking additional rental yield or operators interested in short-term rental potential. The seller also notes the option for future expansion or development on the lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    Beaver Dams
    County
    Schuyler
    State
    New York
    Longitude
    -76.958614
    Latitude
    42.295149

    FAQs

    What type of property is this?
    Short term rental property - Spacious multi-unit building with multiple living options, decks, and handicap-accessible entry to support flexible rental income.
    Where is this short term rental property located?
    The property is located at 1268 County Road 19 Beaver Dams, NY.
    What is the asking price?
    The asking price for this property is $495,999.
    What are key features of this property?
    This property features: Multi‑unit home with income‑producing layout: 3‑bedroom unit (full bath), studio (half bath), multiple additional rooms, and shared kitchen/common area; Over 8,000 sq ft of living space including basement, plus a .9‑acre lot with room for future expansion or development; Second floor features 7 rooms with 1 full bath and 2 half baths, plus a large deck overlooking the backyard
    (607) 331-1774
    We can help!
    Listing Contact
    Joshua Mattucci
    Real Estate License ID: 10401384623
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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