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Norwich 13815
20 Silver Street
$78,000
● House - Off Market

20 Silver Street

Norwich-McKean, NY 13815
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,658 Ft²
$156,821
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Downtown gem- lots of character. Bay window, other angular windows to add character to family room-- Newer kitchen oak cabinets, high efficiency gas furnace, 200 amp CB electrical service and many other upgrades. 3 car garage-brand new hot water heater--Priced to sell--take a look.
Unit Size
1,658 Ft²
Days on Market
90 days
Land Size
-
Price per sqft
$51
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1900

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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 #OD93122)

Price History

Date / Event Date Event Price
Oct 20, 2016 Sold
Premium
Sold
Jun 22, 2016 Listed by Howard Hanna $82,000
Listed by Howard Hanna
May 29, 2014 Sold
Premium
Sold
Feb 28, 2014 Listed by Howard Hanna $83,900
Listed by Howard Hanna

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,763
  • Building Area: 1,763
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,763
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Norwich City School District
  • School Tax School District: NORWICH
  • Census Tract: 970400

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 0860010
  • District: 081100
  • Section: 136.490
  • Parcel: 081100 136.49-2-14
  • Block: 2
  • Lot: 14.000
  • Municipality: NORWICH
  • Latitude: 42.5331
  • Longitude: -75.5185

    Address

  • Full Address: 20 Silver St
  • Address - House Number: 20
  • Address - Street Name: Silver
  • Address - Suffix Type: St
  • State: NY
  • City Name: Norwich
  • Carrier Code: C006
  • 4-Digit Zip Code: 1410
  • Zip Code: 13815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,203
  • Tax Rate Code Area: 081100

    Appraisal Valuation

  • Standard Deviation: 0.1395
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 88,804
  • High Value: 101,197
  • Low Value: 76,410

    Market Valuation

  • Market Total Value: $98,039
  • Market Land Value: $8,824
  • Market Improvement Value: $89,215

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,000
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $45,500

    Sales

  • Current Sale Contract Date: Oct 17, 2016
  • Current Sale Recording Date: Oct 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Contract Date: May 29, 2014
  • Previous Sale Amount: $78,000
  • 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 Norwich

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$84

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2112 ft²

Average Home Age

116.1 years

Currently For Sale

21 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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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# OD93122

Frequently Asked Questions

When was property at 20 Silver Street built and last sold?
The property at 20 Silver Street was built in 1900 and last sold on Oct 17, 2016 for $79,500.
How much is this home worth?
The estimated value of the home located at 20 Silver Street is $84,865.
What are some comparable homes to 20 Silver Street?
There are currently no comparable homes to 20 Silver Street.
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