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Erie
2277 Orchard Pl
$55,000
● House - Off Market

2277 Orchard Pl

Collins, NY 14034
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$104,956
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

BEAUTIFUL TWO OR THREE BEDROOM HOME ON QUIET NEIGHBORHOOD STREET IN COLLINS. LARGE LOT WITH LOTS OF GREEN SPACE. DETACHED TWO CAR GARAGE IN THE REAR. ALL KITCHEN APPLIANCES INCLUDED AND FURNISHINGS ARE NEGOTIABLE.
Unit Size
1,092 Ft²
Days on Market
107 days
Land Size
0.24 acres
Price per sqft
$52
Property Type
House
Property Taxes
$32
HOA Dues
-
Year Built
1930

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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: 5 months ago (NYSAMLS #B450759)

Price History

Date / Event Date Event Price
Aug 19, 2014 Sold
Premium
Sold
May 3, 2014 Listed by ERA Team VP Real Estate $56,500
Listed by ERA Team VP Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 908
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HGWY DOMAGOLA RASINSKI BUTZER .24AC

Neighborhood

  • School District Name: Gowanda Central School District
  • Census Tract: 017502

Geography

  • Account Number: 007-0103000
  • District: 143689
  • Section: 342.50
  • Parcel: 143689 342.05-1-22
  • Block: 1
  • Lot: 22.000
  • Municipality: COLLINS (TOV)
  • Latitude: 42.4974
  • Longitude: -78.9225

    Address

  • Full Address: 2277 Orchard Pl
  • Address - House Number: 2277
  • Address - Street Name: Orchard
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Collins
  • Zip Code: 14034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 047201

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 118,597
  • High Value: 147,728
  • Low Value: 89,466

    Market Valuation

  • Market Total Value: $86,100
  • Market Land Value: $7,777
  • Market Improvement Value: $78,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $2,800
  • Assessed Improvements Value: $28,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2014
  • Current Sale Recording Date: Aug 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014165921
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 Erie

Stats & Trends

Median Asking:

$274,900

Sale Price/ft²

$184

Above Asking

0.10%

Average Days on Market

71

Average Home Size

2142 ft²

Average Home Age

85.5 years

Currently For Sale

3106 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: 5 months ago
Data Source: NYSAMLSs, MLS# B450759

Frequently Asked Questions

When was property at 2277 Orchard Place built and last sold?
The property at 2277 Orchard Place was built in 1930 and last sold on Aug 13, 2014 for $55,000.
How much is this home worth?
The estimated value of the home located at 2277 Orchard Place is $171,599.
What are some comparable homes to 2277 Orchard Place?
There are currently no comparable homes to 2277 Orchard Place.
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