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Onondaga
2320-22 Olanco Road
$652,500
● House - Off Market

2320-22 Olanco Road

Spafford, NY 13110
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,831 Ft²
$1,276,118
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Private Retreat consist of Lakefront year-around home, summer 2 bedroom cottage and 2 detached garages, The 3 story home was custom built in 2007 featuring a chef`s kitchen with two tone granite countertops, top of the line SS appliances, birch wood floors and custom woodwork thru out the home,3-zone HVAC system,built in theater surround system,on demand H2O, custom stone 2 story woodburning FP. Cottage features 2 bedrooms,sleeping porch, new kitchen and bathroom and a open floor plan. Property totally landscaped with a new seawall and private -lake front decks. Must be seen to appreciate!!
Unit Size
3,831 Ft²
Days on Market
115 days
Land Size
0.53 acres
Price per sqft
$188
Property Type
House
Property Taxes
$1,807
HOA Dues
-
Year Built
2006

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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 #S330825)

Price History

Date / Event Date Event Price
Aug 25, 2015 Sold
Premium
Sold
Apr 28, 2015 Listed by RealtyUSA.com $719,000
Listed by RealtyUSA.com
Jun 28, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,542
  • Garage Type: 4
  • Garage Square Area: 1,116
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,106
  • Building Area: 2,106
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,106
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: OTISCO LAKE LAND CO LT 39

Neighborhood

  • School District Name: Marcellus Central School District
  • School Tax School District: MARCELLUS
  • Census Tract: 016801

Zoning

  • Zoning: 01 - NOT Z

Geography

  • District: 315200
  • Section: 7.00
  • Parcel: 315200 007.-01-68.0
  • Block: 1
  • Lot: 68.000
  • Municipality: SPAFFORD
  • Latitude: 42.8837
  • Longitude: -76.3118

    Address

  • Full Address: 2320 Olanco Rd
  • Address - House Number: 2320
  • Address - Street Name: Olanco
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Marietta
  • Carrier Code: R002
  • 4-Digit Zip Code: 3241
  • Zip Code: 13110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 314001

    Appraisal Valuation

  • Standard Deviation: 0.249
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 1,013,117
  • High Value: 1,265,404
  • Low Value: 760,829

    Market Valuation

  • Market Total Value: $939,655
  • Market Land Value: $275,862
  • Market Improvement Value: $663,793

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $545,000
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $385,000

    Sales

  • Current Sale Contract Date: Aug 18, 2015
  • Current Sale Recording Date: Aug 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 28, 2006
  • Previous Sale Contract Date: Jun 28, 2006
  • Previous Sale Amount: $74,000
  • Previous Sale Document Type: 40
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 Onondaga

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

70

Average Home Size

2410 ft²

Average Home Age

72.3 years

Currently For Sale

750 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 2610 Abend Point, Marietta, NY, 13110

$6,500 /mo

  • 4 Beds
  • 2 Baths
  • 5,500 ft²
2610 Abend Point, Marietta, NY, 13110 Listing by Steven Frank

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# S330825

Frequently Asked Questions

When was property at 2320 Olanco Road built and last sold?
The property at 2320 Olanco Road was built in 2006 and last sold on Aug 18, 2015 for $652,500.
How much is this home worth?
The estimated value of the home located at 2320 Olanco Road is $720,949.
What are some comparable homes to 2320 Olanco Road?
There are currently no comparable homes to 2320 Olanco Road.
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