Waterfront Estate with Three
554 State Route 49 Constantia, NY 13042
554 State Route 49, Constantia, NY, 13042
$509,900
For Sale
$509,900
Three residential buildings on 2.11 acres with 87 feet of waterfront and a private dock on Oneida Lake.
Property Size3,890 SF
Lot Size2.11 Acres
Price / SF$131.08
Days on Market56
Property Features for 554 State Route 49
General Information
- Standard status
- Active
- Size
- 3,890 SF
- Lot size
- 2.11 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1845
Listing agency
(315) 430-4894
Listed by
Move Real Estate
(315) 430-4894
Source
Xome
Added: May 27 Updated: Jul 20 at 6:43PM Checked: Jul 21 at 3:09AM
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Investment Insights
Based on property information with market context.
This waterfront estate offers three separate residential buildings on 2.11 acres along the shores of Oneida Lake. The main residence features 4 bedrooms and 2.5 bathrooms, with space suited to year-round living or accommodating larger groups. Two additional guest houses provide 1 bedroom and 1 full bathroom each, creating separate accommodations for visitors, extended family, or short-term rental guests.
The property includes direct access to Oneida Lake with 87 feet of waterfront access and a private dock. The grounds are positioned for privacy and outdoor recreation, with opportunities tied to boating, fishing, and kayaking.
Overall, the combination of multiple residences, acreage, and waterfront access supports flexible use, including vacation rental or multi-generational living arrangements, while retaining income-producing possibilities described for the property.
The property includes direct access to Oneida Lake with 87 feet of waterfront access and a private dock. The grounds are positioned for privacy and outdoor recreation, with opportunities tied to boating, fishing, and kayaking.
Overall, the combination of multiple residences, acreage, and waterfront access supports flexible use, including vacation rental or multi-generational living arrangements, while retaining income-producing possibilities described for the property.
Key Highlights
- Waterfront estate on 2.11 acres along Oneida Lake with 87 feet of waterfront access and a private dock
- Three separate residential buildings for flexible living or guest accommodations
- Main residence offers 4 bedrooms and 2.5 bathrooms
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 | $57.4k | $14.76 |
| − Vacancy | −$3.2k | −$0.81 |
| EGI | $54.3k | $13.95 |
| − OpEx | −$24.4k | −$6.28 |
| NOI | $29.8k | $7.67 |
3,890 SF · lease $14.76/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$426.3K
$373.0K – $497.4K
NOI $29,842 @ 7.0% cap · market cap 5.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$775.9K
$678.9K – $905.2K
NOI $54,313 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - Three residential buildings on 2.11 acres with 87 feet of waterfront and a private dock on Oneida Lake.
Where is this short term rental property located?
The property is located at 554 State Route 49 Constantia, NY.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: Waterfront estate on 2.11 acres along Oneida Lake with 87 feet of waterfront access and a private dock; Three separate residential buildings for flexible living or guest accommodations; Main residence offers 4 bedrooms and 2.5 bathrooms