116 N Main St, Milford, NY 13807
Immaculate duplex with updated kitchens and baths, offering two remodeled units on an acre-plus lot with pool and fire pit.
- Added:
- Jun 1, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 6 at 2:13 am
Property Features for 116 N Main St
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1792
Listing agent Cody A. Rose (607) 267-6013
Listing office (607) 267-6013
Listing date Jun 1, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cody A. Rose
HighLights
- 4000+ SF duplex built in 1792 with two remodeled units
- Sleeps 18 total between both units: one remodeled 2‑bedroom and one remodeled 6‑bedroom plus an upstairs bonus room
- Recent updates include 2 new kitchen remodels, 3 new bathrooms, and a new washer/dryer combo
- Water heater updates include a brand‑new water heater plus a second water heater that is about 1 year old
- Large acre‑plus lot with a fire pit area and an above‑ground pool
- Currently operating as an AirBNB Superhost and booked through the Summer baseball season
Overview
Located at 116 N. Main in historic Milford, the property is about a 5-minute drive to Cooperstown Dreams Park and approximately 15 minutes to the National Baseball Hall of Fame. WalkScore and BikeScore indicate a car-dependent setting. The home sits on a large lot over an acre, with multiple sitting areas in both the front and back.
Recent updates include two new kitchen remodels, three new bathrooms, a brand-new water heater, and a second water heater that is about one year old. Additional improvements include a new washer/dryer combo. Outdoor amenities include an above-ground pool and a relaxing fire pit area. Currently operating on Airbnb with Superhost status and booked through the Summer baseball season, the setup may appeal to operators seeking an established, turnkey lodging configuration.
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 | $52.8k | $13.20 |
| − Vacancy | −$2.9k | −$0.73 |
| EGI | $49.9k | $12.47 |
| − OpEx | −$15.0k | −$3.74 |
| NOI | $34.9k | $8.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Otsego
- State
- New York
- Longitude
- -74.9439649
- Latitude
- 42.5901597
