CCertihomes
12943 Alleghany Road, Hanover, NY 14081

$399,900

3 beds 2 baths 735 sqft Built 193559 days on marketActive

About this home

Not one but two cottages plus a lot all being offered together as a package deal in beautiful Sunset Bay on Lake Erie! You can Air BNB or VRBO both of them, as the owner does, or take one for yourself and rent the other for income!! Build a third cottage on the vacant lot that is attached or just use the lot for parking, a pool, or gardens! There are deeded beach rights and the water is right across the street! The larger cottage has 2 bedrooms and the smaller has one bedroom. They rent for $1500/week in SUMMER season for the 2 bedroom and $1, 000/week in season for the 1 bedroom. If you want to rent them out by the month during WINTER season it's $1500/month for 2 bedroom and $1, 000/month for the one bedroom. Both roofs are new, kitchens and baths are new too! The cottages are heated and can be lived in or rented all year round if desired! The boat launch and marina are right across the street and a quick walk gets you over to the nightlife area of food, fun, music and the beach!! All appliances and furnishings stay with the cottages! One block over is Cabana Sam's Beach Bar and the famous 'Sunset Bay Beach'! Nice spot for the group that needs 2 cottages so you can be close but have your own separate space. What a great investment to purchase in the Bay near the beach! Maximize your investment potential and put up cottage#3 on the back lot! There you go!! Prime location all you beach, water and fishing lovers!!!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$3,819/mo

Real estate (PITI + HOA + PMI)
$3,533
Principal + interest$2,566
Property tax + insurance$817
PMI / 2nd mortgage$150
Utilities
$689
Heating + cooling$195
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$3,819/mo TLC
Budget$5,000/mo
Remaining after TLC$1,181/mo
Purchase price
$399,900
Down payment
$19,995 (5%)
Loan amount
$379,905
APR
7.15%

Quick facts

Type
MultiFamily
Style
Year built
1935
Lot size
0.2652 ac
Stories
1
Heating
Gas, WallFurnace
Cooling
Water
Connected, Public
HOA
Annual tax
$5,156
MLS #
R1593019
County
Chautauqua

Home features

Appliances
GasWaterHeater
Exterior
DeckFence
Parking
TwoOrMoreSpaces
Flooring
Laminate, Varies
Roof
Asphalt
Sewer
Connected

Lot features

IrregularLot, ResidentialLot

Schools

Elementary
Silver Creek Elementary
Middle
Silver Creek Middle
High
Silver Creek High

Neighborhood — 14081

MetricThis ZIPCountyUSA
Population4,64519,351,094299,088,112
Population Change Since19909.00%8.00%20.00%
Population Density114395
Male2,2009,381,926147,432,321
Female2,4459,969,168151,655,844
Never Married1,0214,946,39163,775,926
Married1,8097,166,701123,120,365
Separated1901,159,67312,639,686
Widowed3111,110,24515,467,586
Divorced3751,210,44823,075,029
Number Of House Hold1,6607,102,016111,826,380
Average House Hold Size2.712.642.60
Medial Age37.4636.5335.46
Median House Hold Income$41,733$49,847$48,276
Average House Hold Income$47,180$70,032$63,629
P C I$17,299$26,569$24,529
M D I$36,410$42,210$41,133
A T H E$42,084$54,185$50,898
S T R8.75%4.00%
W C J80.54%81.55%77.74%
(Zip) Code
14081

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/15/2025. Provided courtesy of Howard Hanna Holt - Fredonia via Buffalo MLS. Information deemed reliable but not guaranteed.