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Olean 14760
216 N 19th Street
$135,000
● House - Off Market

216 N 19th Street

Olean, NY 14760
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,385 Ft²
$1,003
Est. Monthly

About This Property

This charming ranch home has everything you want for first floor living. Boasting 3 bedrooms and a bathroom with laundry, located in the sought-after N 19th Street area in the City of Olean. There is a one-car, detached garage with a side deck connecting you to an enjoyable and manageable backyard. Enjoy the comfort of Central AC during the hot months which was just installed in 2022. Benefit from the efficiency of an on-demand hot water tank installed 1 year ago, an 8 year old roof, and new windows throughout. There is also a beautiful 95-foot concrete driveway and the home's exterior which was painted 4 years ago. With all the big things already done, come in and customize the home with your personal touch. Conveniently located near shopping, doctors, churches, etc.
Unit Size
1,385 Ft²
Days on Market
170 days
Land Size
0.15 acres
Price per sqft
$105
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1929

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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: 4 months ago (NYSAMLS #R1537143)

Price History

Date / Event Date Event Price
Nov 18, 2024 Sold
Premium
Sold
Sep 10, 2024 In contract -
In contract
Aug 14, 2024 Price Decreased $144,900
↓ $5K (3.3%)
Price Decreased
Jul 24, 2024 Relisted $149,900
Relisted
Jul 19, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,539
  • Lot Size Depth Feet: 1,072
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,385
  • Building Area: 1,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,385
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 961600

Zoning

  • Zoning: R3

Geography

  • Account Number: 036180
  • District: 041200
  • Section: 94.55
  • Parcel: 041200 94.055-2-15
  • Block: 2
  • Lot: 15.000
  • Municipality: OLEAN
  • Latitude: 42.0807
  • Longitude: -78.4523

    Address

  • Full Address: 216 N 19th St
  • Address - House Number: 216
  • Street Direction: N
  • Address - Street Name: 19th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C012
  • 4-Digit Zip Code: 1904
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $181,500
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 92,554
  • High Value: 106,736
  • Low Value: 78,371

    Market Valuation

  • Market Total Value: $83,333
  • Market Land Value: $8,077
  • Market Improvement Value: $75,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,000
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $58,700

    Sales

  • Current Sale Contract Date: Mar 24, 2017
  • Current Sale Recording Date: Mar 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 27, 2009
  • Previous Sale Contract Date: Nov 25, 2009
  • Previous Sale Amount: $55,000
  • 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 Olean

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$85

Below Asking

0.05%

Average Days on Market

83

Average Home Size

1737 ft²

Average Home Age

113.7 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

Unit for rent at 315 Laurens Street, Olean, NY, 14760

$2,250 /mo

  • 2 Beds
  • 1 Bath
  • 4,621 ft²
315 Laurens Street, Olean, NY, 14760 Listing by Myoungjin Joo
Unit for rent at 422 York Street, Olean, NY, 14760

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,934 ft²
422 York Street, Olean, NY, 14760 Listing by Paul Pezzimenti

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# R1537143

Frequently Asked Questions

When was property at 216 North 19th Street built and last sold?
The property at 216 North 19th Street was built in 1929 and last sold on Mar 24, 2017 for $79,000.
How much is this home worth?
The estimated value of the home located at 216 North 19th Street is $145,761.
What are some comparable homes to 216 North 19th Street?
There are currently no comparable homes to 216 North 19th Street.
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