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Olean 14760
120 N NINETEENTH Street
$49,000
● House - Off Market

120 N NINETEENTH Street

Olean, NY 14760
bedrooms
1 Bed
bathrooms
1 Bath
square feet
800 Ft²
$90,910
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

LOOKING FOR A HOME THAT IS SMALL AND AFFORDABLE?  THIS IS IT!  THIS BRIGHT AND CHEERY HOME OFERS 1 VERY SPACIOUS BEDROOM (COULD BE MADE INTO BED / SITTING ROOM),  ONE FULL BATH, A UNIQUE KITCHEN / DINING AREA WITH GAS FLAME FIREPLACE. FEATURES INCLUDE CONCRETE DRIVEWAY, PART-FENCED YARD AND 1 CAR DETACHED GARAGE.  IDEAL LOCATION A SHORT DRIVE FROM SHOPPING CENTERS, ST. BONAVENTURE, RESTAURANTS & MORE!
Unit Size
800 Ft²
Days on Market
113 days
Land Size
0.10 acres
Price per sqft
$61
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1940

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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: 4 months ago (NYSAMLS #B447228)

Price History

Date / Event Date Event Price
Jul 18, 2017 Sold
Premium
Sold
Mar 27, 2017 Listed by ERA Team VP Real Estate $60,900
Listed by ERA Team VP Real Estate
Jul 10, 2014 Sold
Premium
Sold
Mar 17, 2014 Listed by ERA Team VP Real Estate $49,000
Listed by ERA Team VP Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,280
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 400
  • Total Building Area: 800
  • Building Area: 800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: 036125
  • District: 041200
  • Section: 94.63
  • Parcel: 041200 94.063-3-67
  • Block: 3
  • Lot: 67.000
  • Municipality: OLEAN
  • Latitude: 42.0787
  • Longitude: -78.4523

    Address

  • Full Address: 120 N 19th St
  • Address - House Number: 120
  • Street Direction: N
  • Address - Street Name: 19th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C012
  • 4-Digit Zip Code: 1902
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $85,305
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 106,761
  • High Value: 122,238
  • Low Value: 91,283

    Market Valuation

  • Market Total Value: $60,256
  • Market Land Value: $5,897
  • Market Improvement Value: $54,359

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,000
  • Assessed Land Value: $4,600
  • Assessed Improvements Value: $42,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2017
  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 10, 2014
  • Previous Sale Contract Date: Jul 09, 2014
  • Previous Sale Amount: $49,000
  • 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

$88

Below Asking

0.05%

Average Days on Market

81

Average Home Size

1727 ft²

Average Home Age

113.5 years

Currently For Sale

64 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: 4 months ago
Data Source: NYSAMLSs, MLS# B447228

Frequently Asked Questions

When was property at 120 North 19th Street built and last sold?
The property at 120 North 19th Street was built in 1940 and last sold on Jul 14, 2017 for $59,000.
How much is this home worth?
The estimated value of the home located at 120 North 19th Street is $79,272.
What are some comparable homes to 120 North 19th Street?
There are currently no comparable homes to 120 North 19th Street.
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