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Johnstown 12095
301 Prospect Street
$185,000
● House - Off Market

301 Prospect Street

Johnstown, NY 12095
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$1,051
Est. Monthly
9.56%
Cap Rate

About This Property

Completely remodeled 2-bedroom, 1.5-bath home in Johnstown! This beautiful property is truly move-in ready with all the major updates already done. Enjoy peace of mind with brand new electric, plumbing, roof, furnace, vinyl siding, windows, sidewalk, and driveway. The interior is just as impressive, featuring hardwood floors in the dining area and living room, along with stylish tile in the kitchen and bathrooms. The first floor boasts a convenient half bath, while the second floor offers two bedrooms, a full bath, and a laundry hookup. The home is finished with beautiful, subtle colors throughout, making it the perfect blend of modern comfort and charm. All that's left to do is move in and enjoy!
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1898

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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 (Global MLS #202425048)

Price History

Date / Event Date Event Price
Nov 25, 2024 Sold
Premium
Sold
Oct 12, 2024 In contract -
In contract
Sep 22, 2024 Price Decreased $179,900
↓ $10K (5.3%)
Price Decreased
Sep 9, 2024 Listed by Coldwell Banker Prime Prop $189,900
Listed by Coldwell Banker Prime Prop
Jun 30, 2023 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1898
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 450
  • Total Building Area: 958
  • Building Area: 958
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Johnstown City School District
  • School Tax School District: JOHNSTOWN
  • Census Tract: 971200

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 170800
  • Section: 174.08
  • Parcel: 170800 174.8-19-5
  • Block: 19
  • Lot: 5.000
  • Municipality: JOHNSTOWN
  • Latitude: 43.0038
  • Longitude: -74.3635

    Address

  • Full Address: 301 Prospect St
  • Address - House Number: 301
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: NY
  • City Name: Johnstown
  • Carrier Code: C008
  • 4-Digit Zip Code: 3113
  • Zip Code: 12095

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $111,058
  • Tax Rate Code Area: 170800

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 74,482
  • High Value: 83,914
  • Low Value: 65,049

    Market Valuation

  • Market Total Value: $54,667
  • Market Land Value: $10,000
  • Market Improvement Value: $44,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $33,500

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-81594
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 Johnstown

Stats & Trends

Median Asking:

$181,500

Sale Price/ft²

$109

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2010 ft²

Average Home Age

112.1 years

Currently For Sale

35 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

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Shelley M Yerdon
Coldwell Banker Prime Prop
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202425048
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 301 Prospect Street built and last sold?
The property at 301 Prospect Street was built in 1898 and last sold on Jun 9, 2023 for $10,000.
How much is this home worth?
The estimated value of the home located at 301 Prospect Street is $0.
What are some comparable homes to 301 Prospect Street?
There are currently no comparable homes to 301 Prospect Street.
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