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Otsego 13825
122 Circle Drive
$154,900
● House - Off Market

122 Circle Drive

Otego, NY 13825
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,604 Ft²
$339,809
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

This Fabulous Ranch home is sure to capture your eye with its Beautiful Kitchen, New bathroom with jetted tub, formal dining room, and a cozy family room leading out to a 10x20 Screened-In Porch.Upper deck features New 12x20 Tongue & Groove vinyl deck,with both decks overlooking the private backyard. Woodburning Fireplace in Living Room with new insert.One car attached garage with additional storage space. BRAND NEW FURNACE AND HOT WATER HEATER JAN 2012. Enjoy all the storage space in the newly designed room off the family room,including a spot for the treadmill and flat panel tv while you workout!  This 3 bedroom, 2 bath home is turn key, location is wonderful, close to Oneonta and makes it appealing to the discerning buyer.
Unit Size
1,604 Ft²
Days on Market
210 days
Land Size
0.54 acres
Price per sqft
$98
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1971

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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 #OD82983)

Price History

Date / Event Date Event Price
Nov 16, 2021 Sold
Premium
Sold
Jun 25, 2021 Listed by Howard Hanna $200,000
Listed by Howard Hanna
Aug 23, 2012 Sold
Premium
Sold
Jan 23, 2012 Listed by Howard Hanna $157,900
Listed by Howard Hanna
Sep 29, 2005 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 500
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 985UNDERWOOD SUB #1 0 2FILED MAP # 162

Neighborhood

  • School District Name: Otego-Unadilla Central School District
  • School Tax School District: UNATEGO
  • Census Tract: 591401

Geography

  • Account Number: 009380
  • District: 364889
  • Section: 324.18
  • Parcel: 364889 324.18-1-45.00
  • Block: 1
  • Lot: 45.000
  • Municipality: OTEGO (TOV)
  • Latitude: 42.3671
  • Longitude: -75.2332

    Address

  • Full Address: 122 Circle Dr
  • Address - House Number: 122
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Otego
  • Carrier Code: R051
  • 4-Digit Zip Code: 2195
  • Zip Code: 13825

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 364801

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 202,647
  • High Value: 228,256
  • Low Value: 177,037

    Market Valuation

  • Market Total Value: $174,194
  • Market Land Value: $27,312
  • Market Improvement Value: $146,882

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,000
  • Assessed Land Value: $25,400
  • Assessed Improvements Value: $136,600

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-6372
  • Previous Sale Recording Date: Aug 23, 2012
  • Previous Sale Contract Date: Aug 20, 2012
  • Previous Sale Amount: $154,900
  • 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 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

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# OD82983

Frequently Asked Questions

When was property at 122 Circle Drive built and last sold?
The property at 122 Circle Drive was built in 1971 and last sold on Nov 15, 2021 for $205,000.
How much is this home worth?
The estimated value of the home located at 122 Circle Drive is $199,513.
What are some comparable homes to 122 Circle Drive?
There are currently no comparable homes to 122 Circle Drive.
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