245 Main Street Aurora, NY 13026
MULTI_FAMILY - Other - Aurora, NY
- Added:
- Apr 12, 2025
- Days on Market:
- 457
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 245 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 4, Basement, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2
- Patio and Porch features
- Deck
- Exterior features
- Balcony, Deck
- Appliances
- OilWaterHeater
- Standard status
- Pending
- APN
- 053401-182-017-0001-011-001-0000
- Size
- 6,096 SF
- Lot size
- 0.83 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7402
Utilities
- Heating system
- Oil, Radiant, Baseboard, Hot Water(Heating)
- Water source
- Public
- Water front features
- Beach Access, Lake
- Water front
- 1
Building Details
- Year built
- 1876
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Hardwood, Varies, Carpet
- Building materials
- VinylSiding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Dana Decker License #10491206226 (607) 423-4719
Listing office Berkshire Hathaway HomeServices Heritage Realty 7 James St. Dana Decker, Homer, NY (607) 428-0708
Listing date Apr 12, 2025
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Historic four‑unit apartment house built in 1876
- Lakefront setting with beach access and lake frontage
- Vinyl siding exterior with a metal roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.1k | $13.80 |
| − Vacancy | −$5.5k | −$0.90 |
| EGI | $78.7k | $12.90 |
| − OpEx | −$23.6k | −$3.87 |
| NOI | $55.1k | $9.03 |
