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Cayuga 13033
12220 State Route 176
$225,000
● House - Off Market

12220 State Route 176

Ira, NY 13033
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2,088 Ft²
$213,659
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this lovely home sitting on 6 plus acres of secluded land. With 2 bedrooms and 1 full bathroom. An Eat in kitchen with plenty of dinning space. Two living rooms for plenty of space for entertaining. Enjoy sitting by the wood stove on this cool winter nights , while enjoying the three season room summer, fall and spring. Private back yard to enjoy those warm summer nights BBQing. Two car detached garage with additional work shop area. Schedule your showing today!
Unit Size
2,088 Ft²
Days on Market
88 days
Land Size
6.26 acres
Price per sqft
$103
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1890

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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 #S1477156)

Price History

Date / Event Date Event Price
Sep 12, 2023 Sold
Premium
Sold
Jun 17, 2023 In contract -
In contract
Jun 10, 2023 Listed by Century 21 Leah's Signature $215,000
Listed by Century 21 Leah's Signature
Jul 11, 2017 Sold
Premium
Sold
Apr 10, 2017 Listed by Century 21 Leah's Signature $125,900
Listed by Century 21 Leah's Signature

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1932
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 2,088
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Cato-Meridian Central School District
  • School Tax School District: CATO-MERIDIAN
  • Census Tract: 040202

Geography

  • Account Number: 07058011
  • District: 053289
  • Section: 35.00
  • Parcel: 053289 35.00-1-41.2
  • Block: 1
  • Lot: 41.002
  • Municipality: IRA (TOV)
  • Latitude: 43.2084
  • Longitude: -76.5209

    Address

  • Full Address: 12220 State Route 176
  • Address - House Number: 12220
  • Address - Street Name: State Route 176
  • State: NY
  • City Name: Cato
  • Carrier Code: R003
  • 4-Digit Zip Code: 8715
  • Zip Code: 13033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 52401

    Appraisal Valuation

  • Standard Deviation: 0.269
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 224,999
  • High Value: 285,555
  • Low Value: 164,444

    Market Valuation

  • Market Total Value: $143,662
  • Market Land Value: $31,127
  • Market Improvement Value: $112,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,000
  • Assessed Land Value: $22,100
  • Assessed Improvements Value: $79,900

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 224052
  • Previous Sale Recording Date: Jul 11, 2017
  • Previous Sale Contract Date: Jun 28, 2017
  • Previous Sale Amount: $124,800
  • 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

$140

Below Asking

0.03%

Average Days on Market

77

Average Home Size

1995 ft²

Average Home Age

104 years

Currently For Sale

266 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: 5 months ago
Data Source: NYSAMLSs, MLS# S1477156

Frequently Asked Questions

When was property at 12220 State Route 176 built and last sold?
The property at 12220 State Route 176 was built in 1890 and last sold on Sep 1, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 12220 State Route 176 is $223,626.
What are some comparable homes to 12220 State Route 176?
There are currently no comparable homes to 12220 State Route 176.
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