38 Chapin St Canandaigua, NY 14424
Estimated payment $2,112/month
Highlights
- Furnished
- Forced Air Heating System
- Rectangular Lot
- Canandaigua Academy Rated A-
- High Speed Internet
- 2-minute walk to Atwater Park
About This Home
This rooming house has 9 rooms, 2 of which are double rooms & 4.5 baths located in Canandaigua, NY. Fully rented, 4 entrance/exit points, 4 parking spots. 15-20% cap rate. Possible financing for qualified buyer with 25% down payment. Net operating income is $55,776. Please allow 48 hours notice for showing appointments. Excellent ROI option. Also available as a large single family home. Turn key and ready to go. This is 1 of 3 being listed, others are at 146 Pleasant St, Cnda & 75 S. Main St, Manchester.
Listing Agent
Listing by Griffith Realty Group License #10401244739 Listed on: 06/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,429
Year Built
- Built in 1940
Lot Details
- 8,000 Sq Ft Lot
- Lot Dimensions are 50x160
- Rectangular Lot
Home Design
- Aluminum Siding
Interior Spaces
- 9 Bedrooms
- 4,919 Sq Ft Home
- 2-Story Property
- Furnished
- Partial Basement
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Laundry
- Dryer
- Washer
Parking
- No Garage
- Gravel Driveway
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 9 Units
- Gross Income $71,460
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number 320200-084-009-0002-027-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $4,114 | $205,000 | $15,500 | $189,500 |
| 2023 | $4,609 | $190,000 | $15,500 | $174,500 |
| 2022 | $5,051 | $190,000 | $15,500 | $174,500 |
| 2021 | $6,611 | $267,000 | $15,500 | $251,500 |
| 2020 | $6,488 | $245,000 | $14,900 | $230,100 |
| 2019 | $7,939 | $245,000 | $14,900 | $230,100 |
| 2018 | $4,638 | $245,000 | $14,900 | $230,100 |
| 2017 | $7,939 | $245,000 | $14,900 | $230,100 |
| 2016 | $4,709 | $244,000 | $14,900 | $229,100 |
| 2015 | $4,710 | $244,000 | $14,900 | $229,100 |
| 2014 | -- | $244,000 | $14,900 | $229,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $315,000 | +65.8% | $64 / Sq Ft | |
| 01/03/2022 01/03/22 | Sold | $190,000 | -17.0% | $39 / Sq Ft | View Prior Sale |
| 09/17/2021 09/17/21 | Price Changed | $229,000 | -8.0% | $47 / Sq Ft | |
| 08/10/2021 08/10/21 | Price Changed | $249,000 | -7.4% | $51 / Sq Ft | |
| 08/07/2021 08/07/21 | Price Changed | $269,000 | -10.0% | $55 / Sq Ft | |
| 07/19/2021 07/19/21 | Price Changed | $299,000 | -9.1% | $61 / Sq Ft | |
| 07/07/2021 07/07/21 | For Sale | $329,000 | +67.9% | $67 / Sq Ft | |
| 06/15/2018 06/15/18 | Sold | $196,000 | -2.0% | $50 / Sq Ft | View Prior Sale |
| 03/11/2018 03/11/18 | Pending | -- | -- | -- | |
| 02/07/2018 02/07/18 | Price Changed | $199,900 | -11.2% | $51 / Sq Ft | |
| 02/06/2018 02/06/18 | Price Changed | $225,000 | -10.0% | $57 / Sq Ft | |
| 02/06/2018 02/06/18 | For Sale | $250,000 | -- | $64 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | None Available | |
| Warranty Deed | $305,000 | None Available | |
| Warranty Deed | $190,000 | None Available | |
| Warranty Deed | $190,000 | None Available | |
| Warranty Deed | -- | -- | |
| Deed | $160,000 | -- | |
| Deed | $160,000 | -- | |
| Interfamily Deed Transfer | -- | Derek Brocklebank | |
| Interfamily Deed Transfer | -- | Derek Brocklebank | |
| Interfamily Deed Transfer | -- | Derek Brocklebank | |
| Interfamily Deed Transfer | -- | Derek Brocklebank | |
| Deed | -- | Richard Brocklebank | |
| Deed | -- | Richard Brocklebank |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,750 | Purchase Money Mortgage | |
| Closed | $228,750 | Purchase Money Mortgage | |
| Previous Owner | $220,000 | New Conventional | |
| Previous Owner | $55,000 | Commercial |
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1618982
APN: 320200-084-009-0002-027-000
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