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Tompkins 13073
10 Chipman Corners Road
$123,600
● House - Off Market

10 Chipman Corners Road

Groton, NY 13073
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,093 Ft²
$237,672
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Very nice totally updated home located close to the village of Groton with 1.93 acres.  Spacious rooms, new kitchen with all the amenities, gas fireplace, 2 full baths, an unfinished master bath with all plumbing set to go, porches, pantry skylights, economical Groton Municipal Electric and lots more.
Unit Size
2,093 Ft²
Days on Market
102 days
Land Size
1.93 acres
Price per sqft
$61
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (NYSAMLS #S316017)

Price History

Date / Event Date Event Price
Oct 29, 2014 Sold
Premium
Sold
Jul 18, 2014 Listed by Hage Real Estate $127,500
Listed by Hage Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 84,071
  • Total Building Area: 2,066
  • Building Area: 2,066
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,066
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001930
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Groton Central School District
  • School Tax School District: GROTON
  • Census Tract: 002200

Geography

  • District: 502889
  • Section: 221.00
  • Parcel: 502889 221.-1-7.2
  • Block: 1
  • Lot: 7.002
  • Municipality: GROTON (TOV)
  • Latitude: 42.6021
  • Longitude: -76.3709

    Address

  • Full Address: 10 Chipman Corners Rd
  • Address - House Number: 10
  • Address - Street Name: Chipman Corners
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Groton
  • Carrier Code: R002
  • 4-Digit Zip Code: 9439
  • Zip Code: 13073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 502801

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 215,586
  • High Value: 280,951
  • Low Value: 150,222

    Market Valuation

  • Market Total Value: $164,000
  • Market Land Value: $15,900
  • Market Improvement Value: $148,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,000
  • Assessed Land Value: $15,900
  • Assessed Improvements Value: $148,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2014
  • Current Sale Recording Date: Oct 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 05, 1997
  • Previous Sale Contract Date: Apr 28, 1997
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tompkins

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2429 ft²

Average Home Age

79.2 years

Currently For Sale

62 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# S316017

Frequently Asked Questions

When was property at 10 Chipman Corners Road built and last sold?
The property at 10 Chipman Corners Road was built in 1880 and last sold on Oct 28, 2014 for $123,600.
How much is this home worth?
The estimated value of the home located at 10 Chipman Corners Road is $140,286.
What are some comparable homes to 10 Chipman Corners Road?
There are currently no comparable homes to 10 Chipman Corners Road.
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