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Ontario 14532
1823 Spafford Rd Road
$433,000
● House - Off Market

1823 Spafford Rd Road

Phelps, NY 14532
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,640 Ft²
$2,541
Est. Monthly
4.18%
Cap Rate

About This Property

Welcome to 1823 Spafford Rd !This is the home you have been waiting for.  Meticulously maintained by the current owners with an eye for detail. Many updates have been added to this Great Ranch home in recent years including, a 22kw Generac whole home back up generator, a custom 12x22 storage shed, (3) season room added to the rear of home, a partially fenced back yard, landscaping, grilling deck, Blacktop driveway and more. Low maintenance home with a (2) car attached garage, open floor plan ,(3) bedrooms, bright and move in ready! All appliances included.  Open House Sunday 4/13 11-1pm. Delayed negotiations until 4/15 at 3 pm. Allow 24 hrs for review of offers. Seller request closing after 7/1/25
Unit Size
1,640 Ft²
Days on Market
77 days
Land Size
2.00 acres
Price per sqft
$232
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
2017

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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: 2 years ago (NYSAMLS #R1596754)

Price History

Date / Event Date Event Price
Jun 25, 2025 Sold
Premium
Sold
Apr 16, 2025 In contract -
In contract
Apr 9, 2025 Listed by Keller Williams Realty Gateway $379,900
Listed by Keller Williams Realty Gateway
Mar 27, 2020 Sold
Premium
Sold
Aug 11, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Frontage Feet: 3,000
  • Total Building Area: 1,640
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Phelps-Clifton Springs Central School District
  • School Tax School District: PHELPS-CLIFTON
  • Census Tract: 050402

Zoning

  • Zoning: 04 - FARM

Geography

  • District: 324089
  • Section: 35.00
  • Parcel: 324089 35.00-2-35.113
  • Block: 2
  • Lot: 35.113
  • Municipality: PHELPS (TOV)
  • Latitude: 42.9666
  • Longitude: -77.0793

    Address

  • Full Address: 1823 Spafford Rd
  • Address - House Number: 1823
  • Address - Street Name: Spafford
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Phelps
  • Carrier Code: R001
  • 4-Digit Zip Code: 9745
  • Zip Code: 14532

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $829,677
  • Tax Rate Code Area: 324001

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 335,918
  • High Value: 399,618
  • Low Value: 272,217

    Market Valuation

  • Market Total Value: $315,850
  • Market Land Value: $26,829
  • Market Improvement Value: $289,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,000
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $237,000

    Sales

  • Current Sale Contract Date: Mar 23, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $15,000
  • 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 Ontario

Stats & Trends

Median Asking:

$324,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2191 ft²

Average Home Age

56.9 years

Currently For Sale

335 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

Currently no nearby rentals
NYSAMLS

Last Updated: 2 years ago
Data Source: NYSAMLSs, MLS# R1596754

Frequently Asked Questions

When was property at 1823 Spafford Road built and last sold?
The property at 1823 Spafford Road was built in 2017 and last sold on Mar 23, 2020 for $249,900.
How much is this home worth?
The estimated value of the home located at 1823 Spafford Road is $383,266.
What are some comparable homes to 1823 Spafford Road?
There are currently no comparable homes to 1823 Spafford Road.
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