Loueen Rosenbush
Berkshire Hathaway CNY Realty
(607) 603-7914
79 Total Sales
2 in Newfield
$112K - $129K Price Range
202 Main St Newfield, NY 14867
Newfield Area
5
Beds
4
Baths
2,717
Sq Ft
10,454
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- Rectangular Lot
- Forced Air Heating System
- High Speed Internet
About This Home
As of June 2026Exceptional investment opportunity in a stunning historic building filled with timeless character and architectural charm. This well-maintained property features four apartments, each with separate utilities, allowing tenants to pay their own heat and electric — a major advantage for expense control and predictable ownership costs. The building boasts an outstanding rental history, with long-term tenants and almost no vacancy in over 20 years, reflecting strong demand and attentive ownership. Apartment #4 was completely gutted and thoughtfully remodeled, blending modern updates with the property’s historic appeal. With excellent financials and a proven track record of stability, this turnkey investment offers reliable cash flow and minimal management stress. Be sure to view the virtual tours to fully appreciate the layout, updates, and character of each unit. A rare opportunity to own a proven, income-producing property with decades of consistent performance.
Last Agent to Sell the Property
Warren Real Estate of Ithaca Inc. (Downtown) Brokerage Phone: 607-592-9335 License #10401252123 Listed on: 02/23/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,464
Year Built
- Built in 1895
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 81x140
- Rectangular Lot
Parking
- On-Street Parking
Home Design
- Quadruplex
- Blown-In Insulation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,717 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Newfield Elementary School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Powered By Leased Propane
- Baseboard Heating
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 503400-013-000-0003-018-001-0000
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $7,079
- Gross Income $38,520
- Net Operating Income $26,977
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newfield, NY
-
Loueen Rosenbush
-
Jamie Jensen
Jamie Jensen
Howard Hanna
(607) 391-2590
135 Total Sales
3 in Newfield
$170K - $242K Price Range
-
Melissa Shames
Melissa Shames
Howard Hanna
(607) 275-5407
138 Total Sales
7 in Newfield
$85K - $475K Price Range
-
Kristin Ahlness
Kristin Ahlness
Howard Hanna
(607) 388-1728
65 Total Sales
1 in Newfield
$226,500 Price
-
Sharon Coletta
Sharon Coletta
Keller Williams Realty Southern Tier&Finger Lakes
(607) 367-7399
155 Total Sales
4 in Newfield
$142,900 Price Range
-
KiRa Fritzky-Randolph
KiRa Fritzky-Randolph
Howard Hanna
(607) 605-6797
53 Total Sales
1 in Newfield
$197,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $47,900 | Randall Marcus | ||
| Bartholomew Frederick D | $72,000 | Joseph Allen | |
| -- | -- | -- | |
| Smeenk Kevin R | $62,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $63,600 | ||
| Closed | Mcilroy Brian A | $34,300 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2026 06/12/26 | Sold | $280,000 | -6.4% | $103 / Sq Ft |
| 03/13/2026 03/13/26 | Price Changed | $299,000 | -6.6% | $110 / Sq Ft |
| 02/23/2026 02/23/26 | For Sale | $320,000 | -- | $118 / Sq Ft |
Source: Ithaca Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,171 | $185,000 | $10,000 | $175,000 |
| 2024 | $5,142 | $185,000 | $10,000 | $175,000 |
| 2023 | $4,229 | $140,000 | $10,000 | $130,000 |
| 2022 | $4,459 | $140,000 | $10,000 | $130,000 |
| 2021 | $4,525 | $140,000 | $10,000 | $130,000 |
| 2020 | $4,477 | $140,000 | $10,000 | $130,000 |
| 2019 | $3,874 | $140,000 | $10,000 | $130,000 |
| 2018 | $4,576 | $140,000 | $10,000 | $130,000 |
| 2017 | $4,244 | $130,000 | $10,000 | $120,000 |
| 2016 | $4,008 | $130,000 | $10,000 | $120,000 |
| 2015 | -- | $120,000 | $10,000 | $110,000 |
| 2014 | -- | $120,000 | $10,000 | $110,000 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Petrisin
Seller's Agent in 2026
Grace Petrisin
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 592-9335
100 Total Sales
-
Sarah Wisdorf
Buyer's Agent in 2026
Sarah Wisdorf
Ithaca Board Reciprocal/Non-member
(607) 257-1001
253 Total Sales
Map
Source: Ithaca Board of REALTORS®
MLS Number: R1663088
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