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Olean 14760
106 N 18th Street
$85,000
● House - Off Market

106 N 18th Street

Olean, NY 14760
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,298 Ft²
$94,663
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Great potential in this wonderful 3-bedroom located in West Olean. This is a two story home with a detached garage and two full baths. Original hardwood floors are found in the master bedroom with carpet and ceramic tile throughout the remainder. The backyard is private and fully fenced with a deck for all the festivities.
Unit Size
1,298 Ft²
Days on Market
84 days
Land Size
0.10 acres
Price per sqft
$69
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1920

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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 #R1380208)

Price History

Date / Event Date Event Price
Mar 3, 2022 Sold
Premium
Sold
Nov 30, 2021 Listed by Howard Hanna Professionals $89,900
Listed by Howard Hanna Professionals
Dec 24, 2002 Sold
Premium
Sold
Dec 26, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 324
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,200
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961600

Zoning

  • Zoning: R3

Geography

  • Account Number: 010105
  • District: 041200
  • Section: 94.63
  • Parcel: 041200 94.063-4-54
  • Block: 4
  • Lot: 54.000
  • Municipality: OLEAN
  • Latitude: 42.078
  • Longitude: -78.4512

    Address

  • Full Address: 106 N 18th St
  • Address - House Number: 106
  • Street Direction: N
  • Address - Street Name: 18th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C012
  • 4-Digit Zip Code: 1929
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $206,630
  • Tax Rate Code Area: 41200

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 99,668
  • High Value: 114,961
  • Low Value: 84,374

    Market Valuation

  • Market Total Value: $94,872
  • Market Land Value: $5,769
  • Market Improvement Value: $89,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $69,500

    Sales

  • Current Sale Contract Date: Feb 14, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 202212698
  • Previous Sale Recording Date: Dec 24, 2002
  • Previous Sale Contract Date: Dec 23, 2002
  • Previous Sale Amount: $73,000
  • 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 Olean

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$85

Below Asking

0.05%

Average Days on Market

96

Average Home Size

1665 ft²

Average Home Age

108.5 years

Currently For Sale

44 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

Unit for rent at 315 Laurens Street, Olean, NY, 14760

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 4,621 ft²
315 Laurens Street, Olean, NY, 14760 Listing by Myoungjin Joo

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# R1380208

Frequently Asked Questions

When was property at 106 North 18th Street built and last sold?
The property at 106 North 18th Street was built in 1920 and last sold on Feb 14, 2022 for $85,000.
How much is this home worth?
The estimated value of the home located at 106 North 18th Street is $91,822.
What are some comparable homes to 106 North 18th Street?
There are currently no comparable homes to 106 North 18th Street.
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