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Olean 14760
1815 W Fall Road
Photo of 1815 W Fall Road

7

Map

Photo of 1815 W Fall Road
Photo of 1815 W Fall Road
$9,900
↓ $5K (34%)
● Land - For Sale

1815 W Fall Road

Olean, NY 14760
bedrooms
Studio
bathrooms
0 Bath
$49
Est. Monthly

About This Property

This 0.73-acre parcel is located in a quiet residential area and features a mostly wooded landscape, offering natural privacy and a peaceful setting. A great opportunity for a variety of potential uses, this property provides a blank canvas for your ideas. Whether you're looking for land to hold, explore, or shape into something of your own, this lot offers flexibility and potential in a desirable location. Take a look and see how this property could fit your plans!
Unit Size
-
Days on Market
183 days
Land Size
0.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

Regis Handley
Regis Handley
[email protected]
Howard Hanna Professionals

Payment Calculator

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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 months ago (NYSAMLS #R1671060)

Price History

Date / Event Date Event Price
Jul 23, 2026 Price Decreased $9,900
↓ $5K (34%)
Price Decreased
Apr 3, 2026 Listed by Howard Hanna Professionals - Olean $15,000
Listed by Howard Hanna Professionals - Olean

Property Highlights

Parking Details
Parking Features: NoDriveway
Exterior Details
Other Structures: Other, See Remarks
Lot Features: Rectangular Lot, Gentle Sloping, Wooded, Rectangular, ResidentialLot
Lot Size Area: 0.736
Lot Size Units: Acres
Lot Size Acres: 0.736
Lot Size Square Feet: 32058
Lot Size Dimensions: 117X274
Tax Lot: 20
Financial Details
Tax Assessed Value: $11,500

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,058
  • Lot Size Depth Feet: 2,740
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000736
  • Standard Land Use Code: 8001
  • County Land Use Code: 311

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961500

Zoning

  • Zoning: R2

Geography

  • Account Number: 013865
  • District: 041200
  • Section: 94.47
  • Parcel: 041200 94.047-1-20
  • Block: 1
  • Lot: 20.000
  • Municipality: OLEAN
  • Latitude: 42.0875
  • Longitude: -78.456

    Address

  • Full Address: 1815 W Fall Rd
  • Address - House Number: 1815
  • Street Direction: W
  • Address - Street Name: Fall
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Olean
  • Carrier Code: C009
  • 4-Digit Zip Code: 1124
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $52,191
  • Tax Rate Code Area: 041200

    Market Valuation

  • Market Total Value: $14,744
  • Market Land Value: $14,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,500
  • Assessed Land Value: $11,500
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

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 3 months ago
Data Source: NYSAMLSs, MLS# R1671060

Frequently Asked Questions

When was property at 1815 West Fall Road built and last sold?
The property at 1815 West Fall Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1815 West Fall Road is $9,999.
What are some comparable homes to 1815 West Fall Road?
There are currently no comparable homes to 1815 West Fall Road.
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