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Oswego
188 Jackson Road
$160,000
● Land - Off Market

188 Jackson Road

Orwell, NY 13144
bedrooms
Studio
bathrooms
0 Bath
$187,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

98.01 acres with direct access to the snowmobile and AYV trails. Located across from state land, this property is on a year round road with the Jackson Rd boat launch and the Salmon River Reservoir less that 2 miles away. Property has an old cabin on it and a garage. Power available at the road. Great location for the outdoor enthusiast. On the back part of the property, Coey Creek runs through it.
Unit Size
-
Days on Market
145 days
Land Size
98.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$157
HOA Dues
-
Year Built
1946

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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: 6 months ago (NYSAMLS #S1477010)

Price History

Date / Event Date Event Price
Jan 2, 2024 Sold
Premium
Sold
Nov 2, 2023 Sold
Premium
Sold
Sep 28, 2023 In contract -
In contract
Jun 10, 2023 Listed by Salmon River Realty $187,000
Listed by Salmon River Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 3
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 315
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,184,809
  • Total Building Area: 756
  • Building Area: 756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 756
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000096070
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: LOT 57 033-003-000

Neighborhood

  • School District Name: Sandy Creek Central School District
  • School Tax School District: SANDY CREEK
  • Census Tract: 020101

Geography

  • District: 354000
  • Section: 64.00
  • Parcel: 354000 064.00-01-12
  • Block: 1
  • Lot: 12.000
  • Municipality: ORWELL
  • Latitude: 43.5661
  • Longitude: -75.9112

    Address

  • Full Address: 188 Jackson Rd
  • Address - House Number: 188
  • Address - Street Name: Jackson
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Richland
  • Zip Code: 13144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $188,420
  • Tax Rate Code Area: 355201

    Appraisal Valuation

  • Standard Deviation: 0.1153
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 87
  • Final Value: 183,581
  • High Value: 204,761
  • Low Value: 162,400

    Market Valuation

  • Market Total Value: $83,562
  • Market Land Value: $78,083
  • Market Improvement Value: $5,479

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,000
  • Assessed Land Value: $57,000
  • Assessed Improvements Value: $4,000

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Jan 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R-2024-000049
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 Oswego

Stats & Trends

Median Asking:

$219,900

Sale Price/ft²

$142

Below Asking

0.02%

Average Days on Market

73

Average Home Size

7326 ft²

Average Home Age

86.5 years

Currently For Sale

338 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

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# S1477010

Frequently Asked Questions

When was property at 188 Jackson Road built and last sold?
The property at 188 Jackson Road was built in 1946 and last sold on Oct 31, 2023 for $160,000.
How much is this home worth?
The estimated value of the home located at 188 Jackson Road is $0.
What are some comparable homes to 188 Jackson Road?
There are currently no comparable homes to 188 Jackson Road.
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