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Celoron 14720
24 Melvin Avenue
Photo of 24 Melvin Avenue

4

Map

Photo of 24 Melvin Avenue
Photo of 24 Melvin Avenue
$15,000
↓ $3K (16.7%)
● House - For Sale

24 Melvin Avenue

Ellicott, NY 14720
bedrooms
Studio
bathrooms
0 Bath
square feet
772 Ft²
$87
Est. Monthly

About This Property

Bring your ideas and tools! This home is being offered as is condition. Basically an open shell so either a full rehab or start new. Appears to have a relatively new roof and electrical service to the house. Nice detached garage. All this situated walking distance to Chautauqua lake and Celoron park. Cash offers only.
Unit Size
772 Ft²
Days on Market
102 days
Land Size
0.08 acres
Price per sqft
$19
Property Type
House
Property Taxes
$13
HOA Dues
-
Year Built
1900

Listed By

Taylor Bennett
Taylor Bennett
[email protected]
Keller Williams Realty

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Cap Rate Calculator

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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: 2 months ago (NYSAMLS #R1692718)

Price History

Date / Event Date Event Price
Sep 3, 2026 Price Decreased $15,000
↓ $3K (16.7%)
Price Decreased
Jul 12, 2026 Price Decreased $18,000
↓ $2K (10%)
Price Decreased
Jun 23, 2026 Listed by Keller Williams Realty $20,000
Listed by Keller Williams Realty
May 5, 2006 Sold
Premium
Sold
Oct 21, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Detached, Garage
Garage Spaces: 1
Interior Details
Interior Features: Other, See Remarks
Flooring Type: Hardwood, Varies
Rooms: 6
Basement: None
Exterior Details
Square Footage: 772
Property Condition: Resale
Architectural Style: Cape Cod
Year Built: 1900
Building Area Total: 772
Levels: Two
Construction Materials: Wood Siding
Lot Features: Irregular Lot, ResidentialLot
Lot Size Area: 0.0755
Lot Size Units: Acres
Lot Size Acres: 0.0755
Lot Size Square Feet: 3290
Lot Size Dimensions: 35X94
Tax Lot: 13
Water Source: Public, Connected
Financial Details
Tax Assessed Value: $4,500
Tax Annual Amount: $155
Utilities Details
Heating Type: Other, See Remarks, None
Sewer : Connected

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,290
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 350
  • Total Building Area: 772
  • Building Area: 772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 772
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000075
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: OLD APN: 063801 201-8-10

Neighborhood

  • School District Name: Southwestern Central School District at Jamestown
  • School Tax School District: SOUTHWESTERN
  • Census Tract: 037200

Zoning

  • Zoning: 06 - INDUS

Geography

  • Account Number: 00910
  • District: 063801
  • Section: 369.15
  • Parcel: 063801 369.15-1-13
  • Block: 1
  • Lot: 13.000
  • Municipality: CELORON
  • Latitude: 42.1091
  • Longitude: -79.2803

    Address

  • Full Address: 24 Melvin Ave
  • Address - House Number: 24
  • Address - Street Name: Melvin
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Celoron
  • Zip Code: 14720

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,911
  • Tax Rate Code Area: 062201

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 7
  • Final Value: 587,886
  • High Value: 858,932
  • Low Value: 316,839

    Market Valuation

  • Market Total Value: $5,300
  • Market Land Value: $4,829
  • Market Improvement Value: $471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,500
  • Assessed Land Value: $4,100
  • Assessed Improvements Value: $400

    Sales

  • Current Sale Contract Date: May 05, 2006
  • Current Sale Recording Date: May 05, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 21, 1998
  • Previous Sale Contract Date: Oct 21, 1998
  • Previous Sale Amount: $12,000
  • 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 Celoron

Stats & Trends

Median Asking:

$124,900

Sale Price/ft²

$113

Below Asking

0.02%

Average Days on Market

95

Average Home Size

1259 ft²

Average Home Age

85 years

Currently For Sale

5 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 2887 Fluvanna Townline-105, Jamestown, NY, 14701

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 820 ft²
2887 Fluvanna Townline-105, Jamestown, NY, 14701 Listing by Laura Ferraro

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 2 months ago
Data Source: NYSAMLSs, MLS# R1692718

Frequently Asked Questions

When was property at 24 Melvin Avenue built and last sold?
The property at 24 Melvin Avenue was built in 1900 and last sold on May 5, 2006 for $10,000.
How much is this home worth?
The estimated value of the home located at 24 Melvin Avenue is $15,222.
What are some comparable homes to 24 Melvin Avenue?
There are currently no comparable homes to 24 Melvin Avenue.
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