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Otsego 13820
112 The Circle
$250,000
● House - Off Market

112 The Circle

Milford, NY 13820
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$477,162
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Arguably the best view on the Lake, just ask your neighbors. Gorgeous views from home, patio, bedrooms and yard. No seemingly endless flights of stairs to the lake either. 2 bedrooms upstairs with a full bath, 1 master bedroom and half bath downstairs. Open floor plan dining, living and sunroom with slate and stone floors. Galley style kitchen with newer appliances, laundry room with 3 double closets, plenty of storage and access to basement. This is a fantastic lake home with a detached garage, storage shed, lake patio and property across the street that meets route 28. Lake frontage and yard for play. Great family retreat or year round living.
Unit Size
1,400 Ft²
Days on Market
150 days
Land Size
0.53 acres
Price per sqft
$192
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 6 months ago (NYSAMLS #OD99619)

Price History

Date / Event Date Event Price
Oct 8, 2015 Sold
Premium
Sold
May 12, 2015 Listed by Bordinger Realty, LLC $269,000
Listed by Bordinger Realty, LLC
Aug 3, 2009 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,764
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 998SICKLER SUB N 0 36

Neighborhood

  • School District Name: Milford Central School District
  • School Tax School District: MILFORD
  • Census Tract: 590500

Geography

  • Account Number: 044510
  • District: 364089
  • Section: 259.12
  • Parcel: 364089 259.12-1-41.00
  • Block: 1
  • Lot: 41.000
  • Municipality: MILFORD (TOV)
  • Latitude: 42.5131
  • Longitude: -74.9908

    Address

  • Full Address: 112 The Cir
  • Address - House Number: 112
  • Address - Street Name: The
  • Address - Suffix Type: Cir
  • State: NY
  • City Name: Oneonta
  • Carrier Code: R001
  • 4-Digit Zip Code: 3132
  • Zip Code: 13820

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 364001

    Appraisal Valuation

  • Standard Deviation: 0.1388
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 318,235
  • High Value: 362,417
  • Low Value: 274,052

    Market Valuation

  • Market Total Value: $303,030
  • Market Land Value: $154,060
  • Market Improvement Value: $148,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,000
  • Assessed Land Value: $127,100
  • Assessed Improvements Value: $122,900

    Sales

  • Current Sale Contract Date: Oct 08, 2015
  • Current Sale Recording Date: Oct 08, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 03, 2009
  • Previous Sale Contract Date: Jul 31, 2009
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 40
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 Otsego

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$152

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2357 ft²

Average Home Age

96.5 years

Currently For Sale

224 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

Rentals Near You

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# OD99619

Frequently Asked Questions

When was property at 112 The Circle built and last sold?
The property at 112 The Circle was built in 1910 and last sold on Oct 8, 2015 for $250,000.
How much is this home worth?
The estimated value of the home located at 112 The Circle is $267,180.
What are some comparable homes to 112 The Circle?
There are currently no comparable homes to 112 The Circle.
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