114 Overlook Road, Ithaca, NY 14850

Local realty services provided by:ERA Team VP Real Estate
114 Overlook Road,Ithaca, NY 14850
$785,000
  • 9 Beds
  • - Baths
  • 4,482 sq. ft.
  • Multi-family
  • Active
Listed by: lindsay lustick garner
Office: linz real estate
MLS#:R1715502
Source:NY_GENRIS

Price summary

  • Price:$785,000
  • Price per sq. ft.:$175.15

About this home

Tudor Revival inspired five unit investment property in the Village of Cayuga Heights with an exceptional $108,900 in gross annual income, an approximate 9.6% cap rate and competitive pricing at about 7.2 times gross income. Fully rented through July 31, 2027, the property features charming front gables, a stunning stone chimney, arched entry, stucco exterior and wood siding, with the architectural shingle roof installed by J.D. Ferro in 2014. Spacious interiors offer abundant natural light, hardwood and vinyl plank flooring, classic radiators, period details and a wood burning fireplace. Three of the five kitchens feature expansive picture windows overlooking mature trees, creating a tree canopy backdrop for dining, while oversized windows in first floor bedrooms and numerous living spaces enhance brightness and openness. Spacious rooms and a mix of floor plans add to the property’s period character, with the third floor apartment updated in 2021. Recent improvements include a boiler...

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Home facts

  • Year built:1975
  • Listing ID #:R1715502
  • Added:4 day(s) ago
  • Updated:September 25, 2026 at 11:49 PM

Rooms and interior

  • Bedrooms:9
  • Flooring:Carpet, Hardwood, Tile, Varies, Vinyl
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full, Walk Out Access
  • Living area:4,482 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Shingle
  • Year built:1975
  • Building area:4,482 sq. ft.
  • Lot area:0.6 Acres
  • Lot Features:Corner Lot, Irregular Lot, Near Public Transit
  • Construction Materials:Stucco, Wood Siding
  • Exterior Features:Open, Porch
  • Levels:3 Stories

Schools

  • Middle school:Boynton Middle
  • Elementary school:Cayuga Heights Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$785,000
  • Price per sq. ft.:$175.15
  • Tax amount:$14,039

Features and amenities

  • Appliances:Dryer, Refrigerator, Washer
  • Laundry features:Common Area, Dryer, Washer

Parking

  • Parking description:Driveway, No Garage, One Space