3986 Route 417, Allegany, NY, 14706
About This Home
Investment Opportunity! This duplex, located in Allegany, NY, sits on just over 2 acres with a shared blacktop driveway. The units are mirror images, each offering 2 bedrooms and 1.5 bathrooms, with their own carport and balcony. Both apartments feature a wood-burning fireplace, 200 amp electric service, and two electric hot water tanks that are less than five years old. The roof is also under 10 years old. The property is serviced by a shared well and septic for the duplex, and there are two additional lots, each with gas and electric access, as well as a shared well and septic system, providing the potential for additional income.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1967
Materials
- Foundation: Poured,Slab
- Roof: Shingle
- Construction materials: Stucco,Wood Siding,Copper Plumbing,PEX Plumbing
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
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Sliding Glass Door(s),Natural Woodwork
- Door features: Sliding Doors
- Flooring: Carpet,Tile,Varies,Vinyl
- Number of fireplaces: 2
- Fireplace: Yes
Heating
- Heating features: Electric,Gas,Baseboard,Forced Air
Interior Area
- Total structure area: 2,858
- Total interior livable area: 2,858 sqft
Property
Details
- Parcel number: 04208909300200010020000000
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony,Patio
- Exterior features: Balcony,Patio
Lot
- Lot size: 2.11 Acres
- Features: Irregular Lot
- Lot size dimensions: 170 x 655
Parking
- Parking features: Common,Carport,Paved,Two or More Spaces
- Carport: Yes
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
- Lightning
- Cold Wave
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Cattaraugus County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $884 | $10,608 |
| Home Insurance * | $69 | $828 |
| Property Taxes | $279 | $3,348 |
| Electricity | $472 | $5,667 |
| Total | $1,704 | $20,448 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $184,900 |
| 2026-03-27 | Price change | $189,900 |
| 2026-03-08 | Listed for sale | $199,900 |
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