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Delaware 13820
2059 Rich Road
$44,500
● House - Off Market

2059 Rich Road

Franklin, NY 13820
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$49,026
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Finish the project Doublewide on 2.5 acres, Septic, well and electric, in place Some improvements have been done. New bath, new water filtration system, new plumbing. Will need a roof soon. Cash buyers only. Decent kitchen cabinets, Jenn-air range, some replacement windows. Pellet stove, open floor plan. Only minutes from downtown Oneonta.Nice lot partially wooded, secluded but not remote.Complete the project or salvage cabinets, bath fixtures, water filtration system, etc and start over. You decide.Being sold As-Is.....Inspections for buyers inforamtion only.
Unit Size
1,440 Ft²
Days on Market
89 days
Land Size
2.50 acres
Price per sqft
$31
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1977

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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: 5 months ago (NYSAMLS #OD132505)

Price History

Date / Event Date Event Price
Dec 13, 2021 Sold
Premium
Sold
Sep 12, 2021 Listed by Bordinger Realty, LLC $44,500
Listed by Bordinger Realty, LLC
Jan 4, 2019 Sold
Premium
Sold
Oct 25, 2018 Listed by Bordinger Realty, LLC $34,900
Listed by Bordinger Realty, LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,900
  • Lot Size Frontage Feet: 4,530
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: GL#11 RICHARD/ANNA STILSON

Neighborhood

  • School District Name: Franklin Central School District
  • School Tax School District: FRANKLIN
  • Census Tract: 970300

Zoning

  • Zoning: R3

Geography

  • Account Number: 06400900008
  • District: 123289
  • Section: 30.00
  • Parcel: 123289 30.-1-3
  • Block: 1
  • Lot: 3.000
  • Municipality: FRANKLIN (TOV)
  • Latitude: 42.4176
  • Longitude: -75.0835

    Address

  • Full Address: 2059 Rich Rd
  • Address - House Number: 2059
  • Address - Street Name: Rich
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Oneonta
  • Carrier Code: H064
  • 4-Digit Zip Code: 6433
  • Zip Code: 13820

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $211,887
  • Tax Rate Code Area: 123201

    Appraisal Valuation

  • Standard Deviation: 0.1369
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 36,373
  • High Value: 41,352
  • Low Value: 31,393

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $21,053
  • Market Improvement Value: $78,947

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,000
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $60,000

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9367
  • Previous Sale Recording Date: Jan 04, 2019
  • Previous Sale Contract Date: Dec 14, 2018
  • Previous Sale Amount: $22,500
  • 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 Delaware

Stats & Trends

Median Asking:

$289,450

Sale Price/ft²

$177

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2085 ft²

Average Home Age

81 years

Currently For Sale

341 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: 5 months ago
Data Source: NYSAMLSs, MLS# OD132505

Frequently Asked Questions

When was property at 2059 Rich Road built and last sold?
The property at 2059 Rich Road was built in 1977 and last sold on Dec 7, 2021 for $44,500.
How much is this home worth?
The estimated value of the home located at 2059 Rich Road is $56,746.
What are some comparable homes to 2059 Rich Road?
There are currently no comparable homes to 2059 Rich Road.
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