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Wayne 14433
1640 Tyre Road
$43,100
● House - Off Market

1640 Tyre Road

Galen, NY 14433
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$39,791
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Desired country location just outside of town. Almost 2 acres of mostly private backyard. Large shed. Newer metal roof and exterior doors. A few Anderson windows. Wood stove to keep you cozy. House needs rehab but you will love the location and land.
Unit Size
1,050 Ft²
Days on Market
42 days
Land Size
1.82 acres
Price per sqft
$38
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1900

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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 #R1474675)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Jun 6, 2023 In contract -
In contract
Jun 1, 2023 Listed by Coldwell Banker Finger Lakes $39,900
Listed by Coldwell Banker Finger Lakes
Aug 11, 1998 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 4
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 79,279
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001820
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 42111-00-572855

Neighborhood

  • School District Name: Clyde-Savannah Central School District
  • School Tax School District: CLYDE-SAVANNAH
  • Census Tract: 021700

Geography

  • District: 542489
  • Section: 74.111
  • Parcel: 542489 74111-00-602859
  • Lot: 602.859
  • Municipality: GALEN (TOV)
  • Latitude: 43.0694
  • Longitude: -76.8613

    Address

  • Full Address: 1640 Tyre Rd
  • Address - House Number: 1640
  • Address - Street Name: Tyre
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Clyde
  • Carrier Code: R902
  • 4-Digit Zip Code: 9558
  • Zip Code: 14433

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $217,567
  • Tax Rate Code Area: 542401

    Appraisal Valuation

  • Standard Deviation: 0.2634
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 79,023
  • High Value: 99,859
  • Low Value: 58,187

    Market Valuation

  • Market Total Value: $85,595
  • Market Land Value: $19,286
  • Market Improvement Value: $66,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,900
  • Assessed Land Value: $16,200
  • Assessed Improvements Value: $55,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R9327448
  • Previous Sale Recording Date: Aug 11, 1998
  • Previous Sale Contract Date: Aug 10, 1998
  • Previous Sale Amount: $42,400
  • 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 Wayne

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$137

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2281 ft²

Average Home Age

86 years

Currently For Sale

179 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# R1474675

Frequently Asked Questions

When was property at 1640 Tyre Road built and last sold?
The property at 1640 Tyre Road was built in 1900 and last sold on Jul 6, 2023 for $43,100.
How much is this home worth?
The estimated value of the home located at 1640 Tyre Road is $47,332.
What are some comparable homes to 1640 Tyre Road?
There are currently no comparable homes to 1640 Tyre Road.
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