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Solvay 13209 Solvay
116 Worth Avenue
$160,000
● House - Off Market

116 Worth Avenue

Geddes, NY 13209
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,384 Ft²
$966
Est. Monthly
17.30%
Cap Rate

About This Property

Why rent when you could own this home for many rents in the area!  This 3 bedroom, 1 bathroom home in Solvay offers almost 1400 SF of living space.  The main floor has an updated eat-in kitchen, large living room, a sitting area, and the full bathroom.  Upstairs, you will find 2 guest rooms as well as a spacious primary bedroom with a walk-in closet and a space that was intended to be converted into an ensuite bathroom.  There is also a large walk-up attic that could be finished for additional space!  This home has a newer roof and updated electric service with Solvay Electric, saving you money!  With a nicely sized, fully fenced yard you have plenty of outdoor space for those warm-weather get-togethers coming up quickly! This would be an excellent opportunity for an investor as well!
Unit Size
1,384 Ft²
Days on Market
58 days
Land Size
0.09 acres
Price per sqft
$94
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1870

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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: 2 years ago (NYSAMLS #S1597086)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
Apr 8, 2025 In contract -
In contract
Apr 2, 2025 Listed by eXp Realty $129,900
Listed by eXp Realty
Jun 4, 2008 Sold
Premium
Sold
Dec 12, 2007 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,384
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BOYD & EXT BL 9 LT 3 1114543

Neighborhood

  • School District Name: Solvay Union Free School District
  • School Tax School District: SOLVAY
  • Census Tract: 013000

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 313201
  • Section: 5.00
  • Parcel: 313201 005.-07-09.0
  • Block: 7
  • Lot: 9.000
  • Municipality: SOLVAY
  • Latitude: 43.0584
  • Longitude: -76.2199

    Address

  • Full Address: 116 Worth Ave
  • Address - House Number: 116
  • Address - Street Name: Worth
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Syracuse
  • Carrier Code: C031
  • 4-Digit Zip Code: 2161
  • Zip Code: 13209

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 313202

    Appraisal Valuation

  • Standard Deviation: 0.1904
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 135,033
  • High Value: 160,747
  • Low Value: 109,318

    Market Valuation

  • Market Total Value: $93,360
  • Market Land Value: $16,000
  • Market Improvement Value: $77,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,350
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $48,350

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 03, 2008
  • Current Sale Recording Date: Jun 04, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 12, 2007
  • Previous Sale Contract Date: Sep 13, 2007
  • Previous Sale Amount: $17,000
  • 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 Solvay

Stats & Trends

Median Asking:

$229,000

Sale Price/ft²

$152

Above Asking

0.00%

Average Days on Market

74

Average Home Size

3247 ft²

Average Home Age

107.1 years

Currently For Sale

14 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: 2 years ago
Data Source: NYSAMLSs, MLS# S1597086

Frequently Asked Questions

When was property at 116 Worth Avenue built and last sold?
The property at 116 Worth Avenue was built in 1870 and last sold on Jun 3, 2008 for $68,720.
How much is this home worth?
The estimated value of the home located at 116 Worth Avenue is $0.
What are some comparable homes to 116 Worth Avenue?
There are currently no comparable homes to 116 Worth Avenue.
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