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Olean 14760
1505 STARDUST Lane
$95,000
● House - Off Market

1505 STARDUST Lane

Olean, NY 14760
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,288 Ft²
$220,781
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

MODESTLY PRICED 3 BR * 2 BATH RANCH   * OPEN CONCEPT LIVING ROOM / DINING ROOM WITH WBFP .  EASILY MAINTAINED SITE IN NEIGHBORHOOD OF WELL-CARED-FOR HOMES.  A SHORT DRIVE TAKES YOU TO MEDICAL CENTER & HOSPITAL AS WELL AS SHOPPING MALL, SPECIALTY SHOPS & RESTAURANTS. . ATTACHED 2 CAR GARAGE, CENTRAL AIR & SPACIOUS, BRIGHT FAMILY ROOM IN WALK-OUT GROUND  LEVEL ADDS TO VALUE.  PRICED TO SELL! CALL SOON FOR APPOINTMENT TO SEE THIS PLEASANT HOME.
Unit Size
1,288 Ft²
Days on Market
283 days
Land Size
0.45 acres
Price per sqft
$92
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1976

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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: 4 months ago (NYSAMLS #B440763)

Price History

Date / Event Date Event Price
Aug 1, 2014 Sold
Premium
Sold
Oct 21, 2013 Listed by ERA Team VP Real Estate $119,000
Listed by ERA Team VP Real Estate
Jul 22, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 672
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 1,297
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000450
  • 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: R1

Geography

  • Account Number: 051248
  • District: 041200
  • Section: 94.34
  • Parcel: 041200 94.034-7-46
  • Block: 7
  • Lot: 46.000
  • Municipality: OLEAN
  • Latitude: 42.0985
  • Longitude: -78.4205

    Address

  • Full Address: 1505 Stardust Ln
  • Address - House Number: 1505
  • Address - Street Name: Stardust
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Olean
  • Carrier Code: C014
  • 4-Digit Zip Code: 1641
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $282,581
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1542
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 133,483
  • High Value: 154,075
  • Low Value: 112,890

    Market Valuation

  • Market Total Value: $129,744
  • Market Land Value: $31,154
  • Market Improvement Value: $98,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,200
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $76,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2014
  • Current Sale Recording Date: Aug 01, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 22, 2011
  • Previous Sale Contract Date: Jul 21, 2011
  • Previous Sale Amount: $150,000
  • 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

1737 ft²

Average Home Age

113.7 years

Currently For Sale

64 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: 4 months ago
Data Source: NYSAMLSs, MLS# B440763

Frequently Asked Questions

When was property at 1505 Stardust Lane built and last sold?
The property at 1505 Stardust Lane was built in 1976 and last sold on Jul 31, 2014 for $95,000.
How much is this home worth?
The estimated value of the home located at 1505 Stardust Lane is $118,538.
What are some comparable homes to 1505 Stardust Lane?
There are currently no comparable homes to 1505 Stardust Lane.
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