3462 Old Bridge Road, Stow, NY 14785
MULTI_FAMILY - Other - Stow, NY
- Added:
- Jun 9, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 19 at 1:06 am
Property Features for 3462 Old Bridge Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 1
- Window features
- Drapes
- Patio and Porch features
- Porch, Deck, Patio
- Interior features
- CeilingFans, SlidingGlassDoors, WindowTreatments
- Exterior features
- Deck, Patio
- Appliances
- PropaneWaterHeater, TanklessWaterHeater
- Standard status
- Active
- APN
- 065400-332-016-0001-053-000
- Size
- 1,698 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1861
Utilities
- Heating system
- Forced Air, Propane (Heating)
- Water source
- Well
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Varies, Carpet
- Building materials
- VinylSiding, WoodSiding
- Roof type
- Metal
- Architectural style
- Other
Listing agent Yvette Jordan License #10401208583 (716) 790-0042
Listing office Real Estate Advantage 800 Fairmount Ave. W.E., Jamestown, NY (716) 484-2020
Listing date Jun 9, 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 one property, currently rented as day/week/monthly rentals
- First home: 2 bedrooms, eat‑in kitchen, 1 bathroom, plus covered patio
- Second home: open‑concept living/dining/kitchen with loft‑style bedroom and additional bedroom
- Renovations include a new roof and furnace for both homes; first home remodeled with new kitchen and bathroom
- Outdoor space includes a porch, deck, and covered deck for entertaining
- Metal roof and propane forced‑air heating with propane tankless water heater; water source is a well
Overview
The property is located within walking distance of Chautauqua Lake and about four miles from the Chautauqua Institution. It is also described as very close to the Bemus Point Stow Ferry, and convenient to I-86.
With two dwellings under one ownership, the property can support rental operations with separate living spaces, or provide nearby housing if preferred. The covered patio and deck add usable outdoor areas for guests or tenants, and the documented recent mechanical and roofing updates help reduce near-term replacement concerns.
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 | $22.9k | $13.50 |
| − Vacancy | −$2.9k | −$1.68 |
| EGI | $20.1k | $11.82 |
| − OpEx | −$6.0k | −$3.55 |
| NOI | $14.0k | $8.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Stow
- County
- Chautauqua
- State
- New York
- Longitude
- -79.404983
- Latitude
- 42.154824
