$155,550
●
House -
Off Market
216 Dorman Road
Binghamton, NY 13901
2 Beds
1 Bath
1,138 Ft²
$1,086
Est. Monthly
About This Property
Highest and best offers due Saturday, Sep 21 by 5:00pm. Looking for
beautiful upstate country living, but still close to everything
town has to offer? Look no further! Located on a stunning wooded
lot (.71 acres) that backs up to Wolfe Park, this updated ranch in
Chenango Valley school district features hard wood floors, a new
bathroom, updated kitchen flooring and appliances, and stunning
wooded views! Enjoy the sunset and serene setting while relaxing on
your deck! Walk-out basement is partially finished (just needs
flooring of your choice) and can be used as another large living
area (250+ sq. ft.) or a 3rd bedroom. Home also has newer windows
and a new septic system and leach field with transferable 50-year
warranty. Roof (2014). Dry basement! This beautiful property is
perfect for a first home or to add to your portfolio as a rental
property (most recently used as a rental for the previous 4 years).
Reach out to your favorite agent today for showing! Owners are
licensed agents.
Unit Size
1,138 Ft²
Days on Market
55 days
Land Size
0.71 acres
Price per sqft
$127
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1964
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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: 4 months ago (GBMLS #327334)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by STRONG REALTY | $144,900 | |
| Listed by STRONG REALTY | |||
| | |||
|
Highest and best offers due Saturday, Sep 21 by 5:00pm. Looking for beautiful upstate country living, but still close to everything town has to offer? Look no further! Located on a stunning wooded lot (.71 acres) that backs up to Wolfe Park, this updated ranch in Chenango Valley school district features hard wood floors, a new bathroom, updated kitchen flooring and appliances, and stunning wooded views! Enjoy the sunset and serene setting while relaxing on your deck! Walk-out basement is partially finished (just needs flooring of your choice) and can be used as another large living area (250+ sq. ft.) or a 3rd bedroom. Home also has newer windows and a new septic system and leach field with transferable 50-year warranty. Roof (2014). Dry basement! This beautiful property is perfect for a first home or to add to your portfolio as a rental property (most recently used as a rental for the previous 4 years). Reach out to your favorite agent today for showing! Owners are licensed agents.
| |||
| Jul 23, 2020 | Sold | ||
| Sold | |||
| Jun 9, 2020 | Listed by STRONG REALTY | $65,000 | |
| Listed by STRONG REALTY | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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HOA + Taxes
About Broome
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Listed by: Steven R North
STRONG REALTY
Last Updated: 4 months ago
Data Source: GBMLS , MLS# 327334
STRONG REALTY
Last Updated: 4 months ago
Data Source: GBMLS , MLS# 327334
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