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Olean 14760
1215 Maple Street
$63,100
● House - Off Market

1215 Maple Street

Olean, NY 14760
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,597 Ft²
$91,203
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

This three bedroom, one bath home on a nice neighborhood street is a must see!  Current owner has updated kitchen, bath, windows, roof, electric, furnace, hot water tank, all you need to do is move in.  Open floor plan throughout the downstairs, kitchen, dining, living and even space for an office area.  Three bedrooms and bath upstairs, extra closet space also.  All appliances are included, yard is spacious and fenced in, call today for an appointment.
Unit Size
1,597 Ft²
Days on Market
96 days
Land Size
0.11 acres
Price per sqft
$38
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1915

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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 #R1096316)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Premium
Sold
Jun 25, 2024 In contract -
In contract
Jun 14, 2024 Listed by Southern Tier Realty Co. Inc. $129,900
Listed by Southern Tier Realty Co. Inc.
THIS THREE BEDROOM, ONE BATH HOME LOCATED IN NORTH OLEAN IS THE PERFECT STARTER HOME. FULL FENCED IN BACKYARD ON A QUIET STREET. OPEN FLOOR PLAN THROUGHOUT THE DOWNSTAIRS. HOME IS ALSO LOCATED CLOSE TO BOARDMAN PARK AND DOWNTOWN SHOPPING. APPLIANCES INCLUDED ARE WASHER DRYER MICROWAVE STOVE AND DISHWASHER.
May 1, 2018 Sold
Premium
Sold
Jan 31, 2018 Listed by Howard Hanna Professionals $59,900
Listed by Howard Hanna Professionals
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • 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: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,836
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 390
  • Total Building Area: 1,597
  • Building Area: 1,597
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,597
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000111
  • 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: 961500

Zoning

  • Zoning: R3

Geography

  • Account Number: 033525
  • District: 041200
  • Section: 94.40
  • Parcel: 041200 94.040-3-8
  • Block: 3
  • Lot: 8.000
  • Municipality: OLEAN
  • Latitude: 42.0933
  • Longitude: -78.4372

    Address

  • Full Address: 1215 Maple St
  • Address - House Number: 1215
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C009
  • 4-Digit Zip Code: 1264
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $174,519
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 69,735
  • High Value: 80,411
  • Low Value: 59,058

    Market Valuation

  • Market Total Value: $80,128
  • Market Land Value: $5,385
  • Market Improvement Value: $74,743

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,500
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $58,300

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 27, 2001
  • Previous Sale Contract Date: Jun 25, 2001
  • Previous Sale Amount: $33,000
  • 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

83

Average Home Size

1720 ft²

Average Home Age

113.5 years

Currently For Sale

63 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# R1096316

Frequently Asked Questions

When was property at 1215 Maple Street built and last sold?
The property at 1215 Maple Street was built in 1915 and last sold on Apr 30, 2018 for $63,100.
How much is this home worth?
The estimated value of the home located at 1215 Maple Street is $127,020.
What are some comparable homes to 1215 Maple Street?
There are currently no comparable homes to 1215 Maple Street.
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