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    3 Prospect St Stamford, NY 12167

    Pending
    For Sale
    $339,000

    MULTI_FAMILY - Stamford, NY

    Property size:
    5,292 SF
    Lot size:
    0.50 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 3 Prospect St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Basement, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4
    Bedrooms
    4
    APN
    54.6-2-9
    Parking features
    Garage
    Patio and Porch features
    Deck
    Exterior features
    Deck, GravelDriveway, PropaneTankLeased
    Accessibility
    Accessible Approach with Ramp
    Appliances
    ElectricCooktop, ElectricWaterHeater, Freezer, GasCooktop, GasWaterHeater, Refrigerator
    Size
    5,292 SF
    Lot size
    0.50 Acres

    Utilities

    Heating system
    Baseboard, Oil, Forced Air, Electric (Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1888
    Floors in Building
    3
    Number of units
    5
    Flooring type
    Varies, Vinyl, Tile
    Building materials
    VinylSiding, WoodSiding
    Roof type
    Metal

    Keller Williams Upstate New York Properties (607) 431-2540 [email protected]

    Listing agent Jaclyn Marra (607) 431-2540 License #10401341908

    Listing date Dec 7, 2025

    MLS# R1624379 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Catskills Income Property

    The Idlewild, a historic 1888 boarding house, has been converted into a fully rented, income-producing property. The main house includes four apartments, with the potential for a fifth unit on the third floor. A fully renovated, 2-bedroom, 1-bath carriage house is located at the rear of the property, featuring a living room, a full eat-in kitchen, and a spacious private lawn. The carriage house is suitable for owner occupancy, weekend getaways, or use as a high-appeal Airbnb rental. The property is located a short distance from Main Street, with access to local coffee shops, grocery stores, boutiques, banks, and restaurants. Upgrades include a newer roof, new utilities, a spray-foamed basement, a rebuilt porch, a new back deck, and a refreshed driveway. The property has municipal water and sewer. The property is situated on a 0.5-acre lot. The building size is 5292 square feet. The gross annual income is $72,000. Mountain views are visible from the second-floor balcony. The property is located in Stamford, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Delaware
    State
    New York
    Longitude
    -74.616668
    Latitude
    42.410197

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    FAQs

    What type of property is this?
    Apartment building - Turn-key income property with historic charm and modern upgrades.
    Where is this apartment building located?
    The property is located at 3 Prospect St Stamford, NY.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Turn-key, income-producing property with a gross annual income of $72,000 and room to grow.; - Includes a fully renovated 2-bedroom carriage house, ideal for owner occupancy, weekend getaways, or Airbnb rental.; - Historic 1888 boarding house with preserved original exterior charm and mountain views.
    (607) 431-2540
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    3 Prospect St Stamford, NY 12167
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    3 Prospect St Stamford, NY 12167
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