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38 Chapin St, Canandaigua, NY, 14424

9beds
0baths
4,919sqft
$310,000
$63price/sqft
$2,978/moest. monthly cost
$119,120/yrincome needed

About This Home

This rooming house has 9 rooms, 2 of which are double rooms & 4.5 baths located in Canandaigua, NY. Fully rented, 4 entrance/exit points, 4 parking spots. 15-20% cap rate. Possible financing for qualified buyer with 25% down payment. Net operating income is $55,776. Please allow 48 hours notice for showing appointments. Excellent ROI option. Also available as a large single family home. Turn key and ready to go. This is 1 of 3 being listed, others are at 146 Pleasant St, Cnda & 75 S. Main St, Manchester.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

5/10
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Disposal,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 9

Features

  • Other,See Remarks
  • Flooring: Carpet,Laminate,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 4,919
  • Total interior livable area: 4,919 sqft

Property

Details

  • Parcel number: 3202000840090002027000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Gravel Driveway

Lot

  • Lot size: 8,001 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 50 x 160

Parking

  • Parking features: Three or more Spaces,No Garage

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

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters in Ontario 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 $1,567$18,804
Home Insurance *$111$1,332
Property Taxes $488$5,856
Electricity $812$9,754
Total$2,978$35,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,102/yr
40% on housing$89,340/yr
45% on housing$79,413/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: 3.8%
3.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$63This listing

vs Other Active Listings

Avg $/sqft

ZIP 14424$255
Ontario County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 14424$197
Ontario County$174

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)

No zestimate history available

Price History

DateEventPrice
2025-06-30Listed for sale$315,000
2022-01-03Sold$190,000
2021-11-01Contingent$229,000
2021-09-17Price change$229,000
2021-08-11Price change$249,000
2021-08-07Price change$269,000
2021-07-20Price change$299,000
2021-07-08Listed for sale$329,000
2018-06-15Sold$196,000
2018-03-15Pending sale$199,900
2018-02-07Price change$199,900
2017-12-19Listed for sale$225,000
2016-12-09Listing removed$265,000
2016-11-09Listed for sale$265,000

For Sale by Agent

AgentJon J. Bagley
BrokerageGriffith Realty Group

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