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Chenango
1531 State Highway 8
$130,000
● Mobile Manufactured - Off Market

1531 State Highway 8

Guilford, NY 13809
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$980
Est. Monthly

About This Property

Ring in the New Year with your chance to own your home with little maintenance! Conveniently located on NYS Route 8 in Mt. Upton this doublewide offers you three bedrooms, two bath with a large family room, beautiful eat in kitchen/dining room flowing to a covered porch with wheelchair ramp access overlooking a serene, country meadow.  This home offers a walk-in basement (Bilco door) and a two-car detached garage with additional room for storage, workshop, etc.  Extra grab bars have been added for added support throughout the home inside and out.  Walking distance to Dollar General store and local restaurants.  Easy access to Interstate 88.
Unit Size
1,344 Ft²
Days on Market
127 days
Land Size
0.34 acres
Price per sqft
$111
Property Type
Mobile Manufactured
Property Taxes
$248
HOA Dues
-
Year Built
2008

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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 #R1514368)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold
Premium
Sold
Jan 13, 2024 In contract -
In contract
Dec 21, 2023 Listed by Howard Hanna $149,000
Listed by Howard Hanna

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Gilbertsville-Mount Upton Central School District
  • Census Tract: 970602

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 0710978
  • District: 083200
  • Section: 199.00
  • Parcel: 083200 199.-1-40
  • Block: 1
  • Lot: 40.000
  • Municipality: GUILFORD
  • Latitude: 42.4136
  • Longitude: -75.3799

    Address

  • Full Address: 1531 State Highway 8
  • Address - House Number: 1531
  • Address - Street Name: State Highway 8
  • State: NY
  • City Name: Mount Upton
  • Carrier Code: R001
  • 4-Digit Zip Code: 4111
  • Zip Code: 13809

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $304,229
  • Tax Rate Code Area: 362202

    Appraisal Valuation

  • Standard Deviation: 0.1439
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 82
  • Final Value: 146,296
  • High Value: 167,359
  • Low Value: 125,233

    Market Valuation

  • Market Total Value: $117,349
  • Market Land Value: $9,157
  • Market Improvement Value: $108,192

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,400
  • Assessed Land Value: $7,600
  • Assessed Improvements Value: $89,800

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Chenango

Stats & Trends

Median Asking:

$196,500

Sale Price/ft²

$115

Below Asking

0.03%

Average Days on Market

81

Average Home Size

2647 ft²

Average Home Age

100.7 years

Currently For Sale

163 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: 4 months ago
Data Source: NYSAMLSs, MLS# R1514368

Frequently Asked Questions

When was property at 1531 State Hwy 8 built and last sold?
The property at 1531 State Hwy 8 was built in 2008 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1531 State Hwy 8 is $151,481.
What are some comparable homes to 1531 State Hwy 8?
There are currently no comparable homes to 1531 State Hwy 8.
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