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Jamestown 14701
231 Cole Avenue
$123,000
● House - Off Market

231 Cole Avenue

Jamestown, NY 14701
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,343 Ft²
$821
Est. Monthly

About This Property

Fantastic Southside Ranch, this home appeals to so many. Easily accessible 2 bedroom 1.5 bath ranch with a 2 car detached garage situated on a large level lot. Enjoy the benefits of one floor living. Beautiful new kitchen and main bath, with laundry on main level with the stackable Washer & Dryer. Hardwood floors in the bedrooms and beautiful carpet and new flooring throughout the rest of the home. High efficiency Furnace with central air to keep both hot or cold temps at bay. So whether you're looking for your first home or looking to downsize this could be the one.
Unit Size
1,343 Ft²
Days on Market
90 days
Land Size
0.28 acres
Price per sqft
$89
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1952

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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 #R1504914)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Oct 28, 2023 In contract -
In contract
Oct 18, 2023 Listed by Real Estate Advantage $119,900
Listed by Real Estate Advantage
Oct 27, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,343
  • Building Area: 1,343
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,343
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Jamestown City School District
  • School Tax School District: JAMESTOWN
  • Census Tract: 030700

Geography

  • Account Number: 022362000
  • District: 060800
  • Section: 387.19
  • Parcel: 060800 387.19-6-3
  • Block: 6
  • Lot: 3.000
  • Municipality: JAMESTOWN
  • Latitude: 42.0817
  • Longitude: -79.2378

    Address

  • Full Address: 231 Cole Ave
  • Address - House Number: 231
  • Address - Street Name: Cole
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Jamestown
  • Carrier Code: C011
  • 4-Digit Zip Code: 8059
  • Zip Code: 14701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $281,370
  • Tax Rate Code Area: 060800

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 85
  • Final Value: 117,372
  • High Value: 132,699
  • Low Value: 102,045

    Market Valuation

  • Market Total Value: $73,973
  • Market Land Value: $8,082
  • Market Improvement Value: $65,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,000
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $48,100

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 1358
  • Previous Sale Recording Date: Oct 27, 1995
  • Previous Sale Contract Date: Oct 03, 1995
  • Previous Sale Amount: $50,000
  • 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 Jamestown

Stats & Trends

Median Asking:

$109,900

Sale Price/ft²

$65

Below Asking

0.04%

Average Days on Market

81

Average Home Size

2338 ft²

Average Home Age

118.1 years

Currently For Sale

133 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 267 Fairmount Avenue, Jamestown, NY, 14701

$800 /mo

  • 2 Beds
  • 1 Bath
  • 1,914 ft²
267 Fairmount Avenue, Jamestown, NY, 14701 Listing by Taylor Bennett

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# R1504914

Frequently Asked Questions

When was property at 231 Cole Avenue built and last sold?
The property at 231 Cole Avenue was built in 1952 and last sold on Dec 19, 2023 for $120,000.
How much is this home worth?
The estimated value of the home located at 231 Cole Avenue is $118,443.
What are some comparable homes to 231 Cole Avenue?
There are currently no comparable homes to 231 Cole Avenue.
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