5BR/3BA Duplex
278 Main Street Cooperstown, NY 13326
New
278 Main Street, Cooperstown, NY, 13326
$575,000
For Sale
$575,000
MULTI_FAMILY - Cooperstown, NY
Property Size2,612 SF
Lot Size1.02 Acres
Price / SF$220.14
Days on Market2
Property Features for 278 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Standard status
- Active
- APN
- 115.17-1-3.01
- Size
- 2,612 SF
- Lot size
- 1.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3024
Utilities
- Heating system
- Oil, Forced Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Carpet, Hardwood, Tile
- Roof type
- Rubber, Metal
Listing Agency
HUBBELLS REAL ESTATE INC
157 MAIN ST, COOPERSTOWN, NY
Listed by
Cindy Hubbell
Added: Jul 17 Checked: Jul 18 at 10:06 am
MLS# 11891771
Listing URL
Copyright © 2026 My State MLS. 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.
This for-sale duplex offers a 5BR/3BA configuration and includes hardwood flooring. The home features ceramic tile baths and newer kitchens with granite countertops, along with recessed lighting. Appliances are provided, and the interior is described as having fresh decor.
The property is located at 278 Main Street in Cooperstown, New York (13326), within Otsego County. The offering remarks describe the setting as tranquil and provide context for an owner-occupant/rental layout.
The duplex is positioned for a practical live-in arrangement on one side while renting the other, supported by the listing’s stated configuration.
The property is located at 278 Main Street in Cooperstown, New York (13326), within Otsego County. The offering remarks describe the setting as tranquil and provide context for an owner-occupant/rental layout.
The duplex is positioned for a practical live-in arrangement on one side while renting the other, supported by the listing’s stated configuration.
Key Highlights
- Duplex with 5 bedrooms and 3 bathrooms, offering options to live in one side and rent the other
- Hardwood flooring plus carpet and tile throughout
- Newer kitchens with granite countertops
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 | $34.5k | $13.20 |
| − Vacancy | −$1.9k | −$0.73 |
| EGI | $32.6k | $12.47 |
| − OpEx | −$9.8k | −$3.74 |
| NOI | $22.8k | $8.73 |
2,612 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$325.8K
$285.1K – $380.1K
NOI $22,807 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$304.1K
$266.1K – $354.8K
NOI $21,290 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$720.0K
$630.0K – $840.0K
NOI $50,401 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-appointed 5-bedroom, 3-bath duplex with hardwood floors and tile baths, offered with appliances included.
Where is this duplex located?
The property is located at 278 Main Street Cooperstown, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Duplex with 5 bedrooms and 3 bathrooms, offering options to live in one side and rent the other; Hardwood flooring plus carpet and tile throughout; Newer kitchens with granite countertops
