31 Fair Street
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 |
|---|---|---|---|
| Dec 18, 2024 | Sold | ||
| Sold | |||
| Aug 29, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Howard Hanna | $269,900 | |
| Listed by Howard Hanna | |||
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Excellent Value with all the amenities this Otego home offers. 16x32 IN-GROUND POOL with SLIDE and BRAND NEW PAVILION on the Patio by the pool. Enclosed with a white vinyl fence for security. This Beautiful Split Level has three bedrooms, updated 1 1/2 baths with laundry room on the main level. ALL Season 30x14 Heated SUNROOM could be a 4th bedroom if you are in need of a main floor bedroom. HARDWOOD FLOORS (under the carpet in the L/R also), MINI-SPLIT A/C and Heat unit with 18,000 BTU in the Living Room. Propane heating system with on demand hot water. Replacement windows, French doors with built in blinds lead to the deck with a very large yard. Great for privacy or entertaining. Brand New Shed (1 month) The Kitchen has NEW STAINLESS STEEL Sink and NEW faucet. NEW Refrigerator, (2yrs) New Washer and Dryer (3yrs) Attached Two Car Garage. Hardwired 17KW GUARDIAN GENERATOR. Finished basement and playroom for even more living space. Close to ONEONTA for Baseball and shopping. This home offers you the features you have been looking for.
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| Aug 29, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $192,500 | |
| Listed | |||
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Beautiful Otego Home with $50,000 of improvements done in 2016 alone! BRAND NEW 16X32 IN-GROUND HEATED POOL with SLIDE, Patio and white vinyl fence for security. Three Bedroom 1.5 Bath Split Level also has a BRAND NEW PROPANE HEATING SYSTEM WITH ON DEMAND HOT WATER. ALL SEASON 30X14 HEATED SUNROOM adds extra living space or could be an EXTRA BEDROOM on the main floor. RECESSED LIGHTING, a MINI-SPLIT A/C and Heat Unit 18,000 BTU and NEW HARDWIRED 17KW GENERATOR, all these upgrades have been added this year! More features are HARDWOOD FLOORS, (under the new carpet also), French doors with built in blinds lead to the deck and LARGE YARD. Separate Dining Room, Updated bathrooms. Replacement windows throughout, Roof with Architectural Shingles (2003) Attached 2 Car GARAGE. If more space is needed one garage could be converted back to living space. Library, bank, post office all nearby. Close to Oneonta. Could also be a Cooperstown All Star Village Baseball Rental for additional income. MANY OPTIONS WITH THIS BEAUTIFUL HOME. Schedule your showing Now. Interest rates are going up and you can be in a Fabulous Home Soon and be enjoying the pool in the Spring.The manager has listed the unit size as 2124 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017