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506 S Cayuga St, Ithaca, NY, 14850

5beds
3baths
1,911sqft
$374,400
$196price/sqft
$2,978/moest. monthly cost
$119,120/yrincome needed

About This Home

South Hill duplex for less than the assessment? Yes! The cute cape has a main upper unit that on paper has 3 bedrooms, but lives like 4, and a 2-bedroom lower unit. Separate utilities make lanlording that much easier. Recent room with architectural shingles, and hardwood floors inside will add to your pride of ownership. Close to South Hill schools, the South Hill trail, and on a quieter traffic street this property is close to everything in town. Tenants pay all utilities, gas, heat, electric, and water. Upper unit is reported to be 1218 s.f and lower unit is 693 s.f.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

9/10
South Hill SchoolGrades PK-50.3 mi
8/10
Boynton Middle SchoolGrades 6-81.8 mi
9/10
Ithaca Senior High SchoolGrades 9-121.5 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Roof: Asphalt,Architectural,Pitched,Shingle
  • Construction materials: Frame,Stucco,Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Gas Water Heater
  • Laundry features: Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Hardwood,Varies,Vinyl
  • Finished area below ground: 672

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,911
  • Total interior livable area: 1,911 sqft

Property

Details

  • Parcel number: 50070009300000070040000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Enclosed Porch,Porch

Lot

  • Lot size: 2,474 sqft
  • Features: Irregular Lot
  • Lot size dimensions: 59 x 41

Parking

  • Parking features: No Driveway,On Street

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
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Tompkins County and New York

Flood
Severe 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 $1,893$22,716
Home Insurance *$112$1,344
Property Taxes $658$7,896
Electricity $315$3,789
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: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$196This listing

vs Other Active Listings

Avg $/sqft

ZIP 14850$230
Tompkins County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 14850$215
Tompkins County$180

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
2026-08-13Price change$364,150
2026-07-03Listed for sale$374,400

For Sale by Agent

AgentBrian DeYoung
BrokerageBerkshire Hathaway HomeServices Heritage Realty

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