Two-Story Home with Studio
5089 State Route 365 Verona, NY 13478
5089 State Route 365, Verona, NY, 13478
$284,091
For Sale
$284,091
Two-story income property with a remodeled main home plus an attached garage studio apartment and furnishings included.
Property Size2,177 SF
Price / SF$130.50
Days on Market21
Property Features for 5089 State Route 365
General Information
- Standard status
- Active
- Size
- 2,177 SF
Listing agency
Brzostek's Real Estate
(315) 678-2000
Listed by
Bernard J. Brzostek
(315) 678-2000
Source
Exprealty
Added: Jul 1 Updated: Jul 21 at 5:51AM Checked: Jul 21 at 5:51AM
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 Brzostek's Real Estate
Investment Insights
Based on property information with market context.
This two-story income property features a main house and an attached garage studio apartment that has been converted and remodeled with kitchen upgrades and a full bath. The home includes multiple bedrooms and baths, along with PTAC heating and cooling units throughout, and a full basement with a new Air Temp propane gas furnace, two propane gas Rheem instant water heaters, and 200 AMP electrical service with subpanels, plus a laundry area and laundry sink. The second-floor apartment includes hardwood flooring, an open layout with dining and living areas, an office, and a laundry room with stacking washer and dryer. Furnishings are included.
The property is situated on approximately 1.7+/- acres and is described as adjacent to The Villages at the Turning Stone. There are delayed showings scheduled for 7/26, limited to one hour prior to the auction, which is listed as a live onsite and online unreserved real estate auction on Aug. 2, 2026 at 1 PM, with no minimum bid.
According to the seller’s remarks, approximately $250,000 has been spent on remodeling and about $20,000 on furnishings.
The property is situated on approximately 1.7+/- acres and is described as adjacent to The Villages at the Turning Stone. There are delayed showings scheduled for 7/26, limited to one hour prior to the auction, which is listed as a live onsite and online unreserved real estate auction on Aug. 2, 2026 at 1 PM, with no minimum bid.
According to the seller’s remarks, approximately $250,000 has been spent on remodeling and about $20,000 on furnishings.
Key Highlights
- 2,177 SF, 2‑story 4‑5 bedroom Airbnb‑style income property on 1.7 +/- acres
- Attached garage converted to a studio apartment with Maple cabinets, butcher block counters, tile backsplash, and induction cooktop
- Furnishings included, plus a $20,000 worth of furnishings noted in the remarks
Local Financial Insights For Apartment 5plus
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 | $35.3k | $16.20 |
| − Vacancy | −$2.3k | −$1.06 |
| EGI | $33.0k | $15.14 |
| − OpEx | −$14.8k | −$6.81 |
| NOI | $18.1k | $8.32 |
2,177 SF · lease $16.20/SF/yr · vacancy 6.57% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$258.9K
$226.5K – $302.1K
NOI $18,123 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$573.7K
$502.0K – $669.3K
NOI $40,158 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Short term rental property - Two-story income property with a remodeled main home plus an attached garage studio apartment and furnishings included.
Where is this short term rental property located?
The property is located at 5089 State Route 365 Verona, NY.
What is the asking price?
The asking price for this property is $284,091.
What are key features of this property?
This property features: 2,177 SF, 2‑story 4‑5 bedroom Airbnb‑style income property on 1.7 +/- acres; Attached garage converted to a studio apartment with Maple cabinets, butcher block counters, tile backsplash, and induction cooktop; Furnishings included, plus a $20,000 worth of furnishings noted in the remarks
