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Cortland 13077
1784 Mountainview Drive West
$210,000
● House - Off Market

1784 Mountainview Drive West

Homer, NY 13077
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,240 Ft²
$400,577
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Magnificent, year-round, lake front living on Upper Little York Lake. Enjoy a beautiful 4-bedroom, 3-full bathroom. fully insulated house in a quiet location near the end of a cul-de-sac. 75 feet of lake front, boat dock, and a deck overlooking the lake and providing an excellent view of the hills beyond.  The house has been well maintained and has many updates.  The large, 1st floor bathroom has a Jacuzzi. There is also 1st floor minisuite with bedroom,  bathroom, and a door to a private patio (in-law apartment). Boat to Dwyer Park. Within commuting distance of Cortland, Syracuse, and Ithaca.
Unit Size
2,240 Ft²
Days on Market
264 days
Land Size
0.19 acres
Price per sqft
$100
Property Type
House
Property Taxes
$694
HOA Dues
-
Year Built
1990

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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 #S319613)

Price History

Date / Event Date Event Price
Aug 14, 2018 Sold
Premium
Sold
Aug 6, 2018 No longer available -
No longer available
Jun 14, 2018 Listed by Seven Valley Realty, Inc. $225,000
Listed by Seven Valley Realty, Inc.
Jun 3, 2015 Sold
Premium
Sold
Sep 12, 2014 Listed by Seven Valley Realty, Inc. $225,000
Listed by Seven Valley Realty, Inc.

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 8,542
  • Lot Size Depth Feet: 1,139
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Homer Central School District
  • School Tax School District: HOMER
  • Census Tract: 970202

Geography

  • District: 113089
  • Section: 37.17
  • Parcel: 113089 37.17-02-02.000
  • Block: 2
  • Lot: 2.000
  • Municipality: HOMER (TOV)
  • Latitude: 42.7011
  • Longitude: -76.1576

    Address

  • Full Address: 1784 Mountainview Dr
  • Address - House Number: 1784
  • Address - Street Name: Mountainview
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Homer
  • Carrier Code: R052
  • 4-Digit Zip Code: 9444
  • Zip Code: 13077

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,987
  • Tax Rate Code Area: 113001

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 348,460
  • High Value: 431,925
  • Low Value: 264,994

    Market Valuation

  • Market Total Value: $304,348
  • Market Land Value: $65,797
  • Market Improvement Value: $238,551

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,000
  • Assessed Land Value: $45,400
  • Assessed Improvements Value: $164,600

    Sales

  • Current Sale Contract Date: Aug 13, 2018
  • Current Sale Recording Date: Aug 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-04606
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cortland

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$130

Below Asking

0.03%

Average Days on Market

83

Average Home Size

2166 ft²

Average Home Age

86.4 years

Currently For Sale

89 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# S319613

Frequently Asked Questions

When was property at 1784 Mountainview Drive West built and last sold?
The property at 1784 Mountainview Drive West was built in 1990 and last sold on Aug 13, 2018 for $222,500.
How much is this home worth?
The estimated value of the home located at 1784 Mountainview Drive West is $229,202.
What are some comparable homes to 1784 Mountainview Drive West?
There are currently no comparable homes to 1784 Mountainview Drive West.
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