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Cayuga 13080
115 Fire Lane 13
$105,000
● House - Off Market

115 Fire Lane 13

Cato, NY 13080
bedrooms
2 Beds
bathrooms
1 Bath
square feet
860 Ft²
$134,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Cozy cottage offers 2 bedrooms, 1 bath, a large livingroom with a cobblestone, wood burning fireplace and cathedral ceilings. There is also an enclosed sun porch with beautiful views of the lake. The ceilings were intentionally left open for the new owner to do what they choose. Recent updates include a new roof, new floors, bathroom remodel, and a newly drilled well. Enjoy 10ft. of deeded rights on the lake to allow for your own private dock, plus a 40' deeded community swim area. Cross lake & Seneca River are known for excellent fishing and being connected to the NY Canal System creating wonderful boating experiences. Don't miss this unique opportunity.
Unit Size
860 Ft²
Days on Market
73 days
Land Size
0.38 acres
Price per sqft
$156
Property Type
House
Property Taxes
$112
HOA Dues
-
Year Built
1935

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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: 5 months ago (NYSAMLS #S1495184)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold
Premium
Sold
Oct 1, 2023 In contract -
In contract
Sep 15, 2023 Price Decreased $134,000
↓ $10K (6.9%)
Price Decreased
Sep 11, 2023 Price Increased $144,000
↑ $10K (7.5%)
Price Increased
Sep 1, 2023 Listed by Howard Hanna Real Estate $134,000
Listed by Howard Hanna Real Estate
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Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 16,392
  • Lot Size Depth Feet: 753
  • Lot Size Frontage Feet: 2,178
  • Total Building Area: 630
  • Building Area: 630
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 630
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: FORD CAMP 30,SMD 809-236

Neighborhood

  • School District Name: Cato-Meridian Central School District
  • School Tax School District: CATO-MERIDIAN
  • Census Tract: 040201

Geography

  • Account Number: 03067140
  • District: 052489
  • Section: 59.07
  • Parcel: 052489 59.07-1-19
  • Block: 1
  • Lot: 19.000
  • Municipality: CATO (TOV)
  • Latitude: 43.1339
  • Longitude: -76.4902

    Address

  • Full Address: 115 Fire Lane 13
  • Address - House Number: 115
  • Address - Street Name: Fire Lane 13
  • State: NY
  • City Name: Jordan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3156
  • Zip Code: 13080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,940
  • Tax Rate Code Area: 052401

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 54
  • Final Value: 92,798
  • High Value: 122,024
  • Low Value: 63,573

    Market Valuation

  • Market Total Value: $60,896
  • Market Land Value: $12,537
  • Market Improvement Value: $48,359

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,800
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $32,400

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 225545
  • Previous Sale Recording Date: Jun 16, 2016
  • Previous Sale Contract Date: Jun 06, 2016
  • Previous Sale Amount: $33,000
  • Previous Sale Document Type: 71
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 Cayuga

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1991 ft²

Average Home Age

104.4 years

Currently For Sale

272 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 261 Firelane 17, Cato, NY, 13033

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 828 ft²
261 Firelane 17, Cato, NY, 13033 Listing by Sharon Hopler

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# S1495184

Frequently Asked Questions

When was property at 115 Fire 13th Lane built and last sold?
The property at 115 Fire 13th Lane was built in 1935 and last sold on Nov 13, 2023 for $105,000.
How much is this home worth?
The estimated value of the home located at 115 Fire 13th Lane is $134,929.
What are some comparable homes to 115 Fire 13th Lane?
There are currently no comparable homes to 115 Fire 13th Lane.
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