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Binghamton 13905 Westside
3 Goethe Street
Photo of 3 Goethe Street
Sold on Dec 22, 2023

36

Map

Photo of 3 Goethe Street
Photo of 3 Goethe Street
$200,500
● House - Off Market

3 Goethe Street

BINGHAMTON, NY 13905
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
$1,590
Est. Monthly
4.27%
Cap Rate

About This Property

Classic historic west-side 1890s home from upgrades of crown moldings to a fabulous granite kitchen with 18-inch Italian tile, Craftmade hardwood cabinetry, stainless steel appliances, Brazilian hardwood floors, wide crown molding, plantation shudders, pocket doors, Radiant tile floor in large modified first-floor bathroom, huge master suite with master bath. The house is handicap accessible.

The basement office has 2 built-in desks, new roof and gutters in 2021. There is a room for a workshop or office in the garage. The driveway area can accommodate many cars
Unit Size
-
Days on Market
99 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1890

Payment Calculator

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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 years ago (GBMLS #322871)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Oct 23, 2023 In contract -
In contract
Oct 12, 2023 Price Decreased $199,500
↓ $16K (7.4%)
Price Decreased
Oct 2, 2023 Price Decreased $215,500
↓ $35K (13.8%)
Price Decreased
Sep 14, 2023 Listed by KELLER WILLIAMS REALTY GREATER BINGHAMTON $250,000
Listed by KELLER WILLIAMS REALTY GREATER BINGHAMTON

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 3
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Covered porch
  • Pool Type: Vinyl in-ground pool

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,748
  • Building Area: 2,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,748
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Binghamton City School District
  • School Tax School District: BINGHAMTON
  • Census Tract: 000100

Geography

  • Account Number: 00000408220
  • District: 030200
  • Section: 160.21
  • Parcel: 030200 160.21-4-41
  • Block: 4
  • Lot: 41.000
  • Municipality: BINGHAMTON
  • Latitude: 42.1035
  • Longitude: -75.9336

    Address

  • Full Address: 3 Goethe St
  • Address - House Number: 3
  • Address - Street Name: Goethe
  • Address - Suffix Type: St
  • State: NY
  • City Name: Binghamton
  • Carrier Code: C047
  • 4-Digit Zip Code: 3505
  • Zip Code: 13905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,315
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030200

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 593,109
  • High Value: 862,497
  • Low Value: 323,720

    Market Valuation

  • Market Total Value: $122,222
  • Market Land Value: $31,270
  • Market Improvement Value: $90,952

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,000
  • Assessed Land Value: $19,700
  • Assessed Improvements Value: $57,300

    Exemptions

  • Homeowner Exemption: Yes
Redact Ownership Info


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Sold
House
4 Beds
3 Baths
-
$190,000 Jul 14, 2023
$190,000 Sep 19, 2023
$348/mo
Sold
House
4 Beds
2 Baths
-
$175,000 Jun 16, 2023
$175,000 Aug 8, 2023
$358/mo
Sold
House
5 Beds
3 Baths
-
$182,000 Jun 16, 2021
$182,000 Jul 22, 2021
$308/mo
In Contract
House
3 Beds
2 Baths
-
$185,000 Dec 11, 2023
-
$439/mo
In Contract
House
4 Beds
3 Baths
-
$184,900 Sep 14, 2023
-
$264/mo
In Contract
House
5 Beds
2 Baths
-
$165,000 Jul 12, 2023
-
$287/mo
Active
Quadruplex
5 Beds
5 Baths
2,384 ft²
$84/ft²
$200,000 Oct 21, 2023
-
-

About Westside

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$0

Below Asking

0.02%

Average Days on Market

78

Average Home Size

0 ft²

Average Home Age

87.4 years

Currently For Sale

30 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Unit for sale at 12 Wilson Street, BINGHAMTON, NY 13905

$200,000

  • 5 Beds
  • 5 Baths
  • 2,384 ft²
12 Wilson Street, BINGHAMTON, NY 13905 Listing by Cary C Turner

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Nearby Rentals

Unit for rent at 8 Vine St, BINGHAMTON, NY, 13903

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,002 ft²
8 Vine St, BINGHAMTON, NY, 13903 Listing by RH Advisors NY
Unit for rent at 35 Lincoln Avenue, JOHNSON CITY, NY, 13790

$1,495 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
35 Lincoln Avenue #1, JOHNSON CITY, NY, 13790 Listing by RH Advisors NY
Unit for rent at 239 Mian St Suite #2, JOHNSON CITY, NY, 13790

$1,500 /mo

  • Studio
  • 1,500 ft²
239 Mian St Suite #2, JOHNSON CITY, NY, 13790 Listing by RH Advisors NY

Rentals Near You

Click here to view more rentals in the neighborhood.
GBMLS

Listed by: John J. Burns Jr
KELLER WILLIAMS REALTY GREATER BINGHAMTON
Last Updated: 2 years ago
Data Source: GBMLS , MLS# 322871
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 3 Goethe Street built and last sold?
The property at 3 Goethe Street was built in 1890 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Goethe Street is $252,500.
What are some comparable homes to 3 Goethe Street?
Homes that are comparable to 3 Goethe Street include a quadruplex property at 12 Wilson Street, a house property at 23 Schiller Street, 29 Haendel Street.
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