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Olean 14760
126-128 S 19th Street
$95,000
● House - Off Market

126-128 S 19th Street

Olean, NY 14760
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,366 Ft²
$703
Est. Monthly

About This Property

2 bedroom, 1 bath home. New kitchen cabinets, sink and faucet. Updated windows, some new vinyl flooring. New Bathtub, toilet.  126 19th Street South is tax ID 94.063-3-51. sale includes tax ID #94.063-3-52 which is 128 S Nineteenth Street vacant lot. There is a concrete pad where the garage once stood Lot size is 105 x 35. Total lot size is 70 x 210  Property being sold As-Is. This property is eligible under the Freddie Mac First Look Initiative through 10/30/2024. Meaning, No wait for Owner Occupant offers. Investors must wait the full 30 days.  Bring Offers!
Unit Size
1,366 Ft²
Days on Market
145 days
Land Size
0.08 acres
Price per sqft
$73
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1920

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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 #B1566848)

Price History

Date / Event Date Event Price
Feb 26, 2025 Sold
Premium
Sold
Jan 24, 2025 In contract -
In contract
Oct 4, 2024 Listed by Farley Real Estate Enterprises $99,900
Listed by Farley Real Estate Enterprises
Oct 5, 2022 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • 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: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,675
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,366
  • Building Area: 1,366
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,366
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • 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: 036470
  • District: 041200
  • Section: 94.63
  • Parcel: 041200 94.063-3-51
  • Block: 3
  • Lot: 51.000
  • Municipality: OLEAN
  • Latitude: 42.076
  • Longitude: -78.4527

    Address

  • Full Address: 126 S 19th St
  • Address - House Number: 126
  • Street Direction: S
  • Address - Street Name: 19th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C006
  • 4-Digit Zip Code: 3326
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,342
  • Tax Rate Code Area: 41200

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 105,063
  • High Value: 121,171
  • Low Value: 88,954

    Market Valuation

  • Market Total Value: $59,615
  • Market Land Value: $5,128
  • Market Improvement Value: $54,487

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,500
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $42,500

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202222700
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

1735 ft²

Average Home Age

113.7 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# B1566848

Frequently Asked Questions

When was property at 126 South 19th Street built and last sold?
The property at 126 South 19th Street was built in 1920 and last sold on Sep 8, 2022 for $42,720.
How much is this home worth?
The estimated value of the home located at 126 South 19th Street is $103,843.
What are some comparable homes to 126 South 19th Street?
There are currently no comparable homes to 126 South 19th Street.
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