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Schoharie 12053
190 Cross Road
$260,000
● House - Off Market

190 Cross Road

Wright, NY 12053
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,774
Est. Monthly
10.51%
Cap Rate

About This Property

Multiple offers presented. Highest and best by Friday 4/26 @ 5PM. Here's an amazing opportunity to become the new owner of this 4BR/2.5BA Colonial. Priced accordingly since pipes froze in 2/2024 when it was vacant and ran out of oil. Located in the town of Wright with a Delanson mailing address. The large kitchen features an island and granite countertops, and the home boasts hardwood floors, some starting to curl. The generous 1960 sq/ft floor plan also features a 1st floor sunlit office/den/playroom. A large rear deck, a spacious front porch, a large 2 car garage, and a full basement with convenient bilco doors add to the possibilities that awaits the next owner. Sellers belongings will be removed prior to sale.
Unit Size
-
Days on Market
-
Land Size
6.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1990

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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: 2 years ago (Global MLS #202413245)

Price History

Date / Event Date Event Price
Aug 27, 2024 Sold
Premium
Sold
Apr 27, 2024 In contract -
In contract
Apr 12, 2024 Price Decreased $279,900
↓ $20K (6.7%)
Price Decreased
Mar 9, 2024 Listed by DiBlasi Real Estate $299,900
Listed by DiBlasi Real Estate
Nov 9, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • 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: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 283,576
  • Lot Size Frontage Feet: 4,357
  • Total Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000006510
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Schoharie Central School District
  • School Tax School District: SCHOHARIE
  • Census Tract: 740700

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 555J189038
  • District: 435000
  • Section: 51.00
  • Parcel: 435000 51.-2-11
  • Block: 2
  • Lot: 11.000
  • Municipality: WRIGHT
  • Latitude: 42.7145
  • Longitude: -74.1687

    Address

  • Full Address: 190 Cross Rd
  • Address - House Number: 190
  • Address - Street Name: Cross
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Delanson
  • Carrier Code: R003
  • 4-Digit Zip Code: 2927
  • Zip Code: 12053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $827,099
  • Tax Rate Code Area: 434201

    Appraisal Valuation

  • Standard Deviation: 0.2773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 60
  • Final Value: 329,612
  • High Value: 421,044
  • Low Value: 238,180

    Market Valuation

  • Market Total Value: $343,137
  • Market Land Value: $44,118
  • Market Improvement Value: $299,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $152,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 1998
  • Current Sale Recording Date: Nov 09, 1998
  • 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 Schoharie

Stats & Trends

Median Asking:

$283,950

Sale Price/ft²

$172

Below Asking

0.03%

Average Days on Market

83

Average Home Size

2057 ft²

Average Home Age

83.7 years

Currently For Sale

136 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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Global MLS

Listed by: John S DiBlasi
DiBlasi Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202413245
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 190 Cross Road built and last sold?
The property at 190 Cross Road was built in 1990 and last sold on May 28, 1998 for $142,000.
How much is this home worth?
The estimated value of the home located at 190 Cross Road is $282,699.
What are some comparable homes to 190 Cross Road?
There are currently no comparable homes to 190 Cross Road.
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