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16 E Water St, Friendship, NY, 14739

4beds
2baths
1,032sqft
$79,000
$77price/sqft
$855/moest. monthly cost
$34,200/yrincome needed

About This Home

HOMESTEAD FOR OVER 40 YEARS....3-4 BEDROOMS, 2 FULL BATHS, FORMAL DINING ROOM, EAT IN KITCHEN WITH ISLAND, 1.3 ACRES, FENCED YARD, SHE SHED, 10-FOOT CEILINGS, 2 STORY BARN ...Lovely home in Friendship, NY. Many upgrades have been done to this home over the years. Wrap around front porch is a great place to be for 3 seasons. Formal dining room has fireplace set up if you wish to get a freestanding stove. Bright eat in kitchen with island has cupboard spaces and storage high and low. All newer appliances convey. First floor bathroom with stand up shower has rain shower head, grab bars, skylight and laundry. First floot bonus room with closet and shelving, owner uses for arts & crafts and an office. Enclosed porches were added for indoor outdoor enjoyment for everyone. First floor bedroom has its own step down enclosed porch - both leading to back deck. These are unique 3 season spaces you will want to use everyday possible Large living room also leads to the front porch. Two nice size bedrooms upstairs with closets. Full bath with stand-up shower and skylight conveniently located between them. Expansive fenced back yard for the kiddos, pets and gardeners. Two story barn for the workshop enthusiast and animal lover, you will agree it is more than just a home for chickens. Enjoy it all, all the way to the creek. Close to I-86 and 20-30 minutes to all surrounding communities.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

4/10
Friendship Central SchoolGrades PK-120.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1890

Materials

  • Foundation: Block,Stone
  • Roof: Asphalt,Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Ceiling Fan(s),Eat-in Kitchen,Separate/Formal Living Room,Pantry,Skylights,Bedroom on Main Level,Convertible Bedroom
  • Window features: Skylight(s)
  • Flooring: Hardwood,Varies,Vinyl

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,032
  • Total interior livable area: 1,032 sqft

Property

Accessibility

  • Accessibility features: Accessible Bedroom

Details

  • Parcel number: 02500018201200010190000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Open,Porch
  • Exterior features: Enclosed Porch,Gravel Driveway,Porch
  • Waterfront features: River Access,Stream

Lot

  • Lot size: 1.30 Acres
  • Features: Irregular Lot,Residential Lot
  • Lot size dimensions: 88 x 120

Parking

  • Parking features: 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

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Cold Wave
Tornado
Winter Weather

FEMA Declared Disasters in Allegany 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 $399$4,788
Home Insurance *$54$648
Property Taxes $156$1,872
Electricity $246$2,954
Total$855$10,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,314/yr
40% on housing$25,650/yr
45% on housing$22,800/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: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.1%
-0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$77This listing

vs Other Active Listings

Avg $/sqft

ZIP 14739$74
Allegany County$113

vs Homes Sold Last Month

Median $/sqft

ZIP 14739
Allegany County$89

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
2026-08-07Contingent$79,000
2026-07-22Listed for sale$79,000
1988-03-01Sold$14,500

For Sale by Agent

AgentRebecca K Pettit
BrokerageHomestar Realty

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