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Otego 13825
26 Medallion Drive
$165,000
● House - Off Market

26 Medallion Drive

Otego, NY 13825
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,615 Ft²
$330,139
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Immaculate move in ranch with country views, nice sized rooms, large basement, great rear deck,propane fireplace. Conveniently located 10 miles from small city with 2 colleges, 5 minutes from Interstate. 3 sided sun room is adjacent to dining-room-kitchen. Mature landscaping create beautiful areas on property.Just bring the furniture. Nothing to do here but enjoy.
Unit Size
1,615 Ft²
Days on Market
190 days
Land Size
0.48 acres
Price per sqft
$108
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1972

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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 #OD91483)

Price History

Date / Event Date Event Price
May 24, 2021 Sold
Premium
Sold
Apr 22, 2021 Sold
Premium
Sold
Sep 12, 2020 Listed by Bordinger Realty, LLC $175,000
Listed by Bordinger Realty, LLC
Oct 31, 2018 Sold
Premium
Sold
Aug 16, 2018 Listed by Bordinger Realty, LLC $144,900
Listed by Bordinger Realty, LLC
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,615
  • Building Area: 1,615
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,615
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 984MEDALLION DR SUB 0 5

Neighborhood

  • School District Name: Otego-Unadilla Central School District
  • School Tax School District: UNATEGO
  • Census Tract: 591401

Zoning

  • Zoning: R1

Geography

  • Account Number: 019510
  • District: 364801
  • Section: 317.18
  • Parcel: 364801 317.18-1-9.00
  • Block: 1
  • Lot: 9.000
  • Municipality: OTEGO
  • Latitude: 42.3916
  • Longitude: -75.1861

    Address

  • Full Address: 26 Medallion Dr
  • Address - House Number: 26
  • Address - Street Name: Medallion
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Otego
  • Carrier Code: R051
  • 4-Digit Zip Code: 2122
  • Zip Code: 13825

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2024
  • Tax Rate Code Area: 364801

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 156,375
  • High Value: 176,136
  • Low Value: 136,613

    Market Valuation

  • Market Total Value: $191,398
  • Market Land Value: $26,559
  • Market Improvement Value: $164,839

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,000
  • Assessed Land Value: $24,700
  • Assessed Improvements Value: $153,300

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-2833
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 15, 2018
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: 71
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 Otego

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

36

Average Home Size

2050 ft²

Average Home Age

80.3 years

Currently For Sale

4 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

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NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# OD91483

Frequently Asked Questions

When was property at 26 Medallion Drive built and last sold?
The property at 26 Medallion Drive was built in 1972 and last sold on Apr 23, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 26 Medallion Drive is $179,363.
What are some comparable homes to 26 Medallion Drive?
There are currently no comparable homes to 26 Medallion Drive.
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