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211 Main St, Newfield, NY, 14867

4beds
4baths
3,820sqft
$330,000
$86price/sqft
$2,999/moest. monthly cost
$119,960/yrincome needed

About This Home

Excellent investment opportunity, one parcel with two separate residential buildings and a total of five units. The primary two story home is divided into four individual one bedroom apartments, each with its own private entrance. In addition, a standalone one bedroom bungalow sits separately on the property, providing an additional rental unit. This setup allows for strong rental income, flexible occupancy options, or the ability to live in one unit while leasing the others. A rare chance to own a well positioned income property with versatility, stable return potential, and room to elevate value over time.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

3/10
5/10
Newfield Middle SchoolGrades 6-80.3 mi
7/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1860

Materials

  • Roof: Asphalt,Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Propane Water Heater

Basement

  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood,Laminate,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 3,820
  • Total interior livable area: 3,820 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors

Details

  • Parcel number: 50340001400000010030000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Propane Tank - Leased

Lot

  • Lot size: 0.32 Acres
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 99 x 131

Parking

  • Parking features: Paved

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 FloodingRelatively 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 $1,668$20,016
Home Insurance *$120$1,440
Property Taxes $580$6,960
Electricity $631$7,575
Total$2,999$35,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,822/yr
40% on housing$89,970/yr
45% on housing$79,973/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

$86This listing

vs Other Active Listings

Avg $/sqft

ZIP 14867$114
Tompkins County$217

vs Homes Sold Last Month

Median $/sqft

ZIP 14867$166
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)

No zestimate history available

Price History

DateEventPrice
2026-03-16Listed for sale$369,000
2025-12-18Listing removed$385,000
2025-11-12Listed for sale$385,000

For Sale by Agent

AgentJill Burlington
BrokerageWarren Real Estate of Ithaca Inc.

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