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Chenango 13778
179 Sherman Road
$540,000
● House - Off Market

179 Sherman Road

GREENE, NY 13778
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$3,702
Est. Monthly
4.33%
Cap Rate

About This Property

You Can See for Miles and Miles!  Situated just outside of the Village, this custom home boasts many desirable features.  4-5 Bedrooms, 2.5 baths, large mud room/laundry area just off the garage and side entrance foyer. Wrap around covered porch provides perfect views of the hills and lights of the Village of Greene.  Expansive 3 car garage with primed and plumbed 2nd level perfect for studio, at home office or guest area. Full unfinished basement provides ample space for your workshops, game space, gym.  Updated  HVAC systems. 24 x 26 garage.  8 x 8 outside shed. This carefully maintained home has been admired by many and is welcoming a new owner!
Unit Size
-
Days on Market
50 days
Land Size
5.91 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,050
HOA Dues
-
Year Built
2004

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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: 3 years ago (GBMLS #326337)

Price History

Date / Event Date Event Price
Aug 26, 2024 Sold
Premium
Sold
Jul 11, 2024 In contract -
In contract
Jul 7, 2024 Listed by WARREN REAL ESTATE (FRONT STREET) $540,000
Listed by WARREN REAL ESTATE (FRONT STREET)
Aug 3, 2012 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 257,440
  • Total Building Area: 2,676
  • Building Area: 2,676
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,676
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005910
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Greene Central School District
  • School Tax School District: GREENE
  • Census Tract: 970802

Geography

  • Account Number: 0611478
  • District: 083089
  • Section: 237.00
  • Parcel: 083089 237.-2-51.1
  • Block: 2
  • Lot: 51.100
  • Municipality: GREENE (TOV)
  • Latitude: 42.3438
  • Longitude: -75.7635

    Address

  • Full Address: 179 Sherman Rd
  • Address - House Number: 179
  • Address - Street Name: Sherman
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Greene
  • Carrier Code: H075
  • 4-Digit Zip Code: 2520
  • Zip Code: 13778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,232,799
  • Tax Rate Code Area: 083001

    Appraisal Valuation

  • Standard Deviation: 0.1116
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 426,821
  • High Value: 474,472
  • Low Value: 379,169

    Market Valuation

  • Market Total Value: $454,658
  • Market Land Value: $33,288
  • Market Improvement Value: $421,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,900
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $307,600

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2012
  • Current Sale Recording Date: Aug 03, 2012
  • Current Sale Price:
    Premium
  • Current 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 Chenango

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$114

Below Asking

0.03%

Average Days on Market

80

Average Home Size

3081 ft²

Average Home Age

97.6 years

Currently For Sale

133 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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GBMLS

Listed by: Sheryl L. Guiles
WARREN REAL ESTATE (FRONT STREET)
Last Updated: 3 years ago
Data Source: GBMLS , MLS# 326337

Frequently Asked Questions

When was property at 179 Sherman Road built and last sold?
The property at 179 Sherman Road was built in 2004 and last sold on Aug 3, 2012 for $350,000.
How much is this home worth?
The estimated value of the home located at 179 Sherman Road is $0.
What are some comparable homes to 179 Sherman Road?
There are currently no comparable homes to 179 Sherman Road.
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