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Washington
128 BINNINGER Road
$240,000
● House - Off Market

128 BINNINGER Road

Salem, NY 12873
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$444,324
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

3+ Acres of secluded, landscaped property located just outside the hamlet of Shushan.  3 bedroom contemporary design with many outstanding features. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
3.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1982

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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: 2 years ago (Global MLS #25100178)

Price History

Date / Event Date Event Price
Dec 2, 2015 Sold
Premium
Sold
Aug 26, 2015 Listed by Coldwell Banker Prime Properties $250,000
Listed by Coldwell Banker Prime Properties
Jul 7, 2005 Sold
Premium
Sold
Jan 10, 2005 Listed by Coldwell Banker Prime Properties $249,000
Listed by Coldwell Banker Prime Properties

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 696
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Salem Central School District
  • School Tax School District: SALEM
  • Census Tract: 090000

Geography

  • Account Number: 955J102004
  • District: 534800
  • Section: 240.00
  • Parcel: 534800 240.-1-10
  • Block: 1
  • Lot: 10.000
  • Municipality: SALEM
  • Latitude: 43.0858
  • Longitude: -73.3297

    Address

  • Full Address: 128 Binninger Rd
  • Address - House Number: 128
  • Address - Street Name: Binninger
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Shushan
  • Carrier Code: R001
  • 4-Digit Zip Code: 1904
  • Zip Code: 12873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,626
  • Tax Rate Code Area: 534801

    Appraisal Valuation

  • Standard Deviation: 0.2698
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 61
  • Final Value: 336,594
  • High Value: 427,292
  • Low Value: 245,895

    Market Valuation

  • Market Total Value: $238,636
  • Market Land Value: $37,500
  • Market Improvement Value: $201,136

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,000
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $177,000

    Sales

  • Current Sale Contract Date: Nov 23, 2015
  • Current Sale Recording Date: Dec 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 07, 2005
  • Previous Sale Contract Date: Jun 21, 2005
  • Previous Sale Amount: $240,000
  • 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 Washington

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$160

Below Asking

0.03%

Average Days on Market

70

Average Home Size

2040 ft²

Average Home Age

92.7 years

Currently For Sale

215 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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Global MLS

Listed by: Leon Barkley
Coldwell Banker Prime Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 25100178
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 128 Binninger Road built and last sold?
The property at 128 Binninger Road was built in 1982 and last sold on Nov 23, 2015 for $235,000.
How much is this home worth?
The estimated value of the home located at 128 Binninger Road is $252,500.
What are some comparable homes to 128 Binninger Road?
There are currently no comparable homes to 128 Binninger Road.
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