2730 Mccann Hollow Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Howard Hanna Professionals - Olean | $179,900 | |
| Listed by Howard Hanna Professionals - Olean | |||
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Welcome to this charming 2-bedroom, 1-bath ranch located in the Town of Olean, offering the perfect blend of convenience and privacy on 1.89 acres. Tucked away in a quiet, natural setting yet just minutes from downtown, this property provides a peaceful country feel while remaining close to shopping, dining, and everyday amenities. Inside, the home features approximately 1,064 square feet of living space with a bright, open feel thanks to all new windows that bring in plenty of natural light. The fully remodeled kitchen (2023) includes new cabinetry, flooring, appliances, and a functional island with seating, creating an inviting eat-in space perfect for cooking and gathering. The updated bathroom offers a relaxing soaking tub positioned to overlook the wooded backyard, along with a new shower and vanity, giving the space a spa-like touch. Additional highlights include first-floor laundry, all new plumbing, a new heating system, and central air conditioning for year-round comfort. The home also features natural woodwork throughout and some hardwood floors ready to be restored, adding character and potential. A full basement provides plenty of storage or workshop space, while outside you'll find a detached garage/shop, ideal for hobbies, equipment, or additional storage. With its recent updates, wooded acreage, and convenient location, this property offers a rare opportunity to enjoy quiet country living just minutes from the heart of Olean.
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| Jul 19, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017