CCertihomes
3 Prospect Street, Stamford, NY 12167

$359,000

4 beds 0 baths 5,292 sqft Built 188825 days on marketActive

About this home

"THE IDLEWILD" | Timeless Charm & Turn-Key Income in the Catskills Welcome to The Idlewild — a historic 1888 boarding house thoughtfully converted into a fully rented, income-producing property while preserving its original exterior charm. The main house features four apartments with the potential for a fifth unit on the third floor. From the second-floor balcony, the mountain views stretch endlessly, offering a daily reminder of why people come to this region to relax, explore, and stay. Tucked away at the rear of the property is a charming, FULLY RENOVATED, 2bd 1 bath Carriage house that has a living room and full eat in kitchen with a spacious private lawn away from the main building that makes it perfect for owner occupancy, weekend getaways, or a high-appeal Airbnb rental that all pays for itself. Guests (or owners) can enjoy their own private outdoor space while being just a short stroll to Main Street, where local coffee shops, grocery stores, boutiques, banks, and restaurants offer small-town charm and convenience. The property has been lovingly maintained and smartly upgraded with a newer roof, all-new utilities, spray-foamed basement, rebuilt porch, brand new back deck and a refreshed driveway. Municipal water and sewer mean less hassle and more peace of mind. With a gross annual income of $72, 000 and room to grow, The Idlewild isn’t just a property — it’s a chance to own a piece of local history with built-in value and future potential.

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
$4,785/mo

Real estate (PITI + HOA + PMI)
$3,404
Principal + interest$2,303
Property tax + insurance$966
PMI / 2nd mortgage$135
Utilities
$2,842
Heating + cooling$1,268
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$4,785/mo TLC
Budget$5,285/mo
Remaining after TLC$500/mo
Purchase price
$359,000
Down payment
$17,950 (5%)
Loan amount
$341,050
APR
7.15%

Quick facts

Type
Other
Style
Year built
1888
Lot size
0.5 ac
Stories
3
Heating
Electric, Gas, Oil, Baseboard, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$5,064
MLS #
R1624379
County
Delaware

At a glance

Basement
Garage (1)

Home features

Appliances
ElectricCooktopElectricWaterHeaterFreezerGasCooktopGasWaterHeaterRefrigerator
Exterior
DeckGravelDrivewayPropaneTankLeased
Community
LaundryFacilities
Parking
ThreeOrMoreSpacesGarage
Flooring
Other, SeeRemarks, Tile, Varies, Vinyl
Roof
Metal
Sewer
Connected

Lot features

Rectangular, RectangularLot

Neighborhood — 12167

MetricThis ZIPCountyUSA
Population2,05119,351,094299,088,112
Population Change Since1990-8.00%8.00%20.00%
Population Density35395
Male1,0019,381,926147,432,321
Female1,0509,969,168151,655,844
Never Married4364,946,39163,775,926
Married8997,166,701123,120,365
Separated1171,159,67312,639,686
Widowed1511,110,24515,467,586
Divorced1471,210,44823,075,029
Number Of House Hold8117,102,016111,826,380
Average House Hold Size2.432.642.60
Medial Age44.4836.5335.46
Median House Hold Income$36,403$49,847$48,276
Average House Hold Income$47,833$70,032$63,629
P C I$19,555$26,569$24,529
M D I$32,112$42,210$41,133
A T H E$42,488$54,185$50,898
S T R8.00%4.00%
W C J72.66%81.55%77.74%
(Zip) Code
12167

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

Map & walkability

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Listing information last refreshed 7/21/2025. Provided courtesy of Keller Williams Upstate NY Properties via Buffalo MLS. Information deemed reliable but not guaranteed.