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Olean 14760
206 W Green Street
$22,500
● House - Off Market

206 W Green Street

Olean, NY 14760
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,798 Ft²
$222
Est. Monthly
72.33%
Cap Rate

About This Property

3 Bedroom 1-1/2 bathroom being sold as is condition! Offered at a low price for someone willing to repair the home!
Unit Size
1,798 Ft²
Days on Market
74 days
Land Size
0.13 acres
Price per sqft
$14
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1910

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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 #R1609052)

Price History

Date / Event Date Event Price
Aug 4, 2025 Sold
Premium
Sold
May 22, 2025 Listed by Keller Williams Realty $24,900
Listed by Keller Williams Realty
Nov 23, 2009 Sold
Premium
Sold
May 20, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,720
  • Lot Size Depth Feet: 1,144
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,798
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961700

Zoning

  • Zoning: R3

Geography

  • Account Number: 022640
  • District: 041200
  • Section: 94.73
  • Parcel: 041200 94.073-3-40.1
  • Block: 3
  • Lot: 40.001
  • Municipality: OLEAN
  • Latitude: 42.0736
  • Longitude: -78.4318

    Address

  • Full Address: 206 W Green St
  • Address - House Number: 206
  • Street Direction: W
  • Address - Street Name: Green
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C007
  • 4-Digit Zip Code: 3530
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $59,337
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 107,015
  • High Value: 123,437
  • Low Value: 90,592

    Market Valuation

  • Market Total Value: $54,487
  • Market Land Value: $4,872
  • Market Improvement Value: $49,615

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,500
  • Assessed Land Value: $3,800
  • Assessed Improvements Value: $38,700

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2009
  • Current Sale Recording Date: Nov 23, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 20, 2009
  • Previous Sale Contract Date: Apr 28, 2009
  • Previous Sale Amount: $29,750
  • Previous Sale Document Type: 34
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 Olean

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$86

Below Asking

0.05%

Average Days on Market

83

Average Home Size

1727 ft²

Average Home Age

113.5 years

Currently For Sale

64 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: 2 years ago
Data Source: NYSAMLSs, MLS# R1609052

Frequently Asked Questions

When was property at 206 West Green Street built and last sold?
The property at 206 West Green Street was built in 1910 and last sold on Nov 20, 2009 for $35,000.
How much is this home worth?
The estimated value of the home located at 206 West Green Street is $0.
What are some comparable homes to 206 West Green Street?
There are currently no comparable homes to 206 West Green Street.
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