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14 Clarke St, Binghamton, NY, 13905

6beds
6baths
2,825sqft
$279,000
$99price/sqft
$2,524/moest. monthly cost
$100,960/yrincome needed

About This Home

Recent price improvement to $299,000 creates an even stronger investment opportunity with an estimated 12% cap rate based on current income and estimated expenses. 6-unit multifamily on Binghamton’s West Side near downtown, Rec Park, restaurants, bus line, and neighborhood amenities. Features six 1-bedroom units with separate electric meters to help keep expenses manageable. Current rental income totals approximately $4,010/month ($48,120 annually). Taxes approximately $5,496 and insurance approximately $1,458 annually. Owned and maintained by a local landlord with a steady rental history. 24-hour notice required for showings. Owner financing available. Financial figures and cap rate estimates should be independently verified by buyers.

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

5/10
Horace Mann SchoolGrades PK-50.1 mi
5/10
West Middle SchoolGrades PK,6-80.5 mi
3/10
Binghamton High SchoolGrades PK,9-120.5 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Stone
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Multi-Family
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Carpet,Hardwood,Tile
  • Finished area above ground: 2,825

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total interior livable area: 2,825 sqft

Property

Details

  • Zoning: Multi-Residential
  • Zoning description: Multi-Residential

Lot

  • Lot size: 7,405 sqft
  • Features: Level
  • Lot size dimensions: 50 ft x 150 ft

Parking

  • Parking features: Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Broome County and New York

Flood
Hurricane
Severe Storm
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,410$16,920
Home Insurance *$135$1,620
Property Taxes $513$6,156
Electricity $466$5,602
Total$2,524$30,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,537/yr
40% on housing$75,720/yr
45% on housing$67,306/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.4%
3.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$99This listing

vs Other Active Listings

Avg $/sqft

ZIP 13905$108
Broome County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 13905$128
Broome County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-14Price change$299,000
2026-04-28Price change$305,000
2026-02-12Price change$315,000
2025-11-17Listing removed$775
2025-11-07Price change$775
2025-10-12Listed for rent$750
2025-07-31Price change$334,000
2025-07-29Price change$291,000
2025-06-19Listed for sale$354,000
2025-06-16Listing removed$354,000
2025-06-04Price change$354,000
2025-01-06Price change$358,000
2024-09-28Listed for sale$359,000
2022-10-09Listing removed--
2022-09-28Listed for sale$899,000
2019-11-26Sold$98,000
2019-08-26Listed for sale$119,000
2019-08-26Pending sale$119,000
2019-06-26Listing removed$119,000
2019-04-30Price change$119,000
2019-04-13Price change$109,000
2018-12-28Listed for sale$149,000
2018-11-13Listing removed$140,000
2018-08-17Price change$140,000
2018-07-21Listed for sale$145,000
2015-09-18Sold$85,000

For Sale by Agent

AgentCary C Turner
BrokerageWARREN REAL ESTATE (Vestal)

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