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Otsego 13849
300 Ideuma Road
$115,000
● House - Off Market

300 Ideuma Road

Unadilla, NY 13849
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,044 Ft²
$120,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome to a great home with great potential! Nestled high and stately overlooking a beautiful green landscape, this single family two bedroom, 1 bathroom home sits on 1.4 acres in Unadilla. The rooms are spacious throughout, there's a large kitchen that can be configured in a numbers of ways to fit your needs. Upstairs features a spacious loft that can be turned into an office, bedroom or space to entertain. Beautiful, original hardwood floors and lots of natural light compliment the great bones of this home. The home uses well and septic utilities as expected in this type of residence and everything is in good working condition!
Unit Size
1,044 Ft²
Days on Market
73 days
Land Size
1.42 acres
Price per sqft
$115
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1860

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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: 6 months ago (NYSAMLS #R1498584)

Price History

Date / Event Date Event Price
Dec 4, 2023 Sold
Premium
Sold
Sep 26, 2023 In contract -
In contract
Sep 18, 2023 Listed by Keller Williams Upstate NY Properties $120,000
Listed by Keller Williams Upstate NY Properties
Dec 19, 2016 Sold
Premium
Sold
Jun 8, 2016 Listed by Keller Williams Upstate NY Properties $73,900
Listed by Keller Williams Upstate NY Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,855
  • Total Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001420
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 004 0 0

Neighborhood

  • School District Name: Otego-Unadilla Central School District
  • School Tax School District: UNATEGO
  • Census Tract: 591602

Geography

  • Account Number: 006200
  • District: 366289
  • Section: 321.00
  • Parcel: 366289 321.00-1-44.00
  • Block: 1
  • Lot: 44.000
  • Municipality: UNADILLA (TOV)
  • Latitude: 42.3778
  • Longitude: -75.3392

    Address

  • Full Address: 300 Ideuma Rd
  • Address - House Number: 300
  • Address - Street Name: Ideuma
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Unadilla
  • Carrier Code: R001
  • 4-Digit Zip Code: 2134
  • Zip Code: 13849

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.12
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 87
  • Final Value: 116,760
  • High Value: 130,780
  • Low Value: 102,740

    Market Valuation

  • Market Total Value: $59,574
  • Market Land Value: $9,362
  • Market Improvement Value: $50,212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $4,400
  • Assessed Improvements Value: $23,600

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-4997
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Contract Date: Dec 14, 2016
  • Previous Sale Amount: $71,000
  • 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 Otsego

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$152

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2322 ft²

Average Home Age

97.3 years

Currently For Sale

220 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

Rentals Near You

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# R1498584

Frequently Asked Questions

When was property at 300 Ideuma Road built and last sold?
The property at 300 Ideuma Road was built in 1860 and last sold on Nov 30, 2023 for $115,000.
How much is this home worth?
The estimated value of the home located at 300 Ideuma Road is $121,546.
What are some comparable homes to 300 Ideuma Road?
There are currently no comparable homes to 300 Ideuma Road.
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