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208 N Madison St, Rome, NY, 13440

4beds
2baths
4,006sqft
$169,900
$42price/sqft
$1,858/moest. monthly cost
$74,320/yrincome needed

About This Home

Attention lucrative investors, business minded & owner occupy buyers...Don't miss this property opportunity in a convenient high visibility location with walking distance to shops, restaurants & more. This property among a commercial area, designated converted Res, zoned C-3, offers numerous options of uses. It's time to add to your investment portfolio with a business opportunity.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

3/10
3/10
4/10
Rome Free AcademyGrades 9-122.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1925

Materials

  • Foundation: Other,See Remarks,Stone
  • Roof: Asphalt
  • Construction materials: Brick,Vinyl Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Other,See Remarks,Skylights
  • Window features: Skylight(s)
  • Flooring: Hardwood,Other,See Remarks,Tile,Varies

Heating & Cooling

  • Heating features: Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,006
  • Total interior livable area: 4,006 sqft

Property

Details

  • Parcel number: 30130124204100030020000000
  • Special condition: Real Estate Owned

Features

  • Stories: 3
  • Patio & porch: Covered,Porch

Lot

  • Lot size: 3,484 sqft
  • Features: Corner Lot,Irregular Lot,Near Public Transit
  • Lot size dimensions: 29 x 116

Parking

  • Parking features: Paved,Two or More Spaces

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters in Oneida County and New York

Flood
Severe Storm
Snowstorm
Winter 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 $859$10,308
Home Insurance *$93$1,116
Property Taxes $244$2,928
Electricity $662$7,944
Total$1,858$22,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,702/yr
40% on housing$55,740/yr
45% on housing$49,546/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: 3.9%
3.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$42This listing

vs Other Active Listings

Avg $/sqft

ZIP 13440$127
Oneida County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 13440$131
Oneida County$152

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

No price history available

Unknown Listed By

AgentMartin C. Bell
BrokerageAssist2Sell Buyers & Sellers 1st Choice

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