Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Two-Family Home on Corner Lot Title is generated by Realmo AI

    6660 State Route 41, Homer, NY 13077

    View on Map
    Claim this Listing
    New
    For Sale
    $139,900

    MULTI_FAMILY - Other - Homer, NY

    Property size:
    2,992 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $46/SF
    Added:
    May 23, 2026
    Days on Market:
    1
    Last Refresh:
    May 23 at 8:06 pm

    Property Features for 6660 State Route 41

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
    Exterior features
    PropaneTankOwned
    Fireplace
    1
    Appliances
    ElectricWaterHeater
    Standard status
    Active
    APN
    113800-025-000-0001-060-000-0000
    Size
    2,992 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3020

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard, Electric (Heating)
    Water source
    Well

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Tile, Laminate
    Building materials
    VinylSiding
    Architectural style
    Other

    We can help!

    Listing Contact
    Christopher Holl

    Listing agent Christopher Holl License #10401388667

    Listing office Berkshire Hathaway HomeServices Heritage Realty 7 James St. Dana Decker, Homer, NY

    Listing date May 23, 2026

    MLS# S1684082 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

    • Two separate 2‑bedroom apartments offer flexibility.
    • Well‑maintained property on a corner lot.
    • Each apartment features 2 bedrooms and 1 full bath.
    • Functional kitchens and bright living areas in both apartments.
    • Heating: Baseboard, Electric
    • Fireplace

    Overview

    This well-maintained two-family home is situated on a corner lot, offering versatility and investment potential. Each residence features 2 bedrooms and 1 full bath, making the property suitable for owner-occupants, multi-generational living, or as an investment. The property provides a balance of privacy and convenience. Both apartments include bright living areas, functional kitchens, and comfortable bedrooms. The property offers flexibility and value for those looking to expand their investment portfolio or enjoy rental income while living on-site. The property size is 2992 square feet and the lot size is 0.21 acres, located in Homer, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Hotel & Motel Kitchen & Bath Showroom Department Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Homer
    County
    Cortland
    State
    New York
    Longitude
    -76.24312
    Latitude
    42.72921

    Nearby Similar for Sale

    • $649,900
      4,624 SF

      Homer Commercial Property on Corner Lot

      4,624 SF commercial property on 1.38 acres in Homer.
      82 Copeland Avenue, Homer, NY 13077
      View Details
    • $650,000
      162,797 SF

      Homer Redevelopment Opportunity

      Four-acre site in Homer's historic village, primed for redevelopment.
      43 James Street, Homer, NY 13077
      View Details
    • $279,000
      2,478 SF

      Homer Village Two-Story Home

      Two-story home with accessory apartment and in-ground pool.
      2 S Fulton Street, Homer, NY 13077
      View Details
    • $649,900
      4,624 SF

      Commercial Property on Corner Lot

      4,624 sq ft commercial property on 1.38 acres.
      82 Copeland Ave, Homer, NY 13077
      View Details
    • $1,695,000
      4,788 SF

      Retail Property in Homer, NY

      Retail property with 4,788 square feet of space.
      7434 Fair Haven Rd, Homer, NY
      View Details
    • $1,695,000
      4,788 SF

      Glen Haven Restaurant & Marina

      5.5-acre waterfront property with marina and restaurant.
      7434 Fair Haven Rd, Homer, NY 13077
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home with investment potential on corner lot.
    Where is this duplex located?
    The property is located at 6660 State Route 41 Homer, NY.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: Two separate 2‑bedroom apartments offer flexibility.; Well‑maintained property on a corner lot.; Each apartment features 2 bedrooms and 1 full bath.
    (607) 345-5020
    We can help!
    Listing Contact
    Christopher Holl
    Real Estate License ID: 10401388667
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6660 State Route 41, Homer, NY 13077
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!