15-19 Pearl Street, Newfield, NY 14867
MULTI_FAMILY - Newfield, NY
- Added:
- May 6, 2026
- Days on Market:
- 51
- Last Refresh:
- Jun 25 at 3:06 am
Property Features for 15-19 Pearl Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1
- Appliances
- ElectricWaterHeater
- Standard status
- Active Under Contract
- APN
- 503400-014-000-0002-023-000-0000
- Size
- 1,419 SF
- Lot size
- 0.72 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4100
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Carpet, Varies
- Building materials
- VinylSiding
Listing agent Rio Lange License #10401301832 (607) 275-5600
Listing office Keller Williams Realty 126 W State St, Ithaca, NY (607) 275-5600
Listing date May 6, 2026
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 homes on double lot at 15‑19 Pearl Street: 1‑bedroom bungalow plus a 3‑bedroom mobile home
- Mobile home includes remodeled kitchen and tiled bathrooms, plus a 12' mudroom addition for extra storage
- Bungalow features an updated tiled bathroom, a bright kitchen, and a sunny enclosed porch
- Heating: natural gas forced air; electric water heater; flooring includes carpet, tile, and varied flooring
- Utilities and services: public water and septic tank sewer
- Outbuildings and parking include a full 2‑car garage with overhead openers, an 8x24 tool shed, and an additional storage shed
Overview
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 | $28.1k | $19.80 |
| − Vacancy | −$1.3k | −$0.89 |
| EGI | $26.8k | $18.91 |
| − OpEx | −$8.0k | −$5.67 |
| NOI | $18.8k | $13.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newfield
- County
- Tompkins
- State
- New York
- Longitude
- -76.591379
- Latitude
- 42.359978