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Otsego 13807
3208 St. Hwy 205
$279,000
● House - Off Market

3208 St. Hwy 205

Hartwick, NY 13348
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,904 Ft²
$281,163
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

This delightful ranch is set off the road in a beautiful setting. It has over 8 acres of land and would make a wonderful get away from the city life with plenty of room for outdoor activities and hunting. The house is in excellent condition and has been well maintained.  It is located in the Cooperstown school district and is less then 20 minutes from bothCooperstown and Oneonta which makes it a great location for a rental.
Unit Size
1,904 Ft²
Days on Market
187 days
Land Size
8.04 acres
Price per sqft
$147
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1999

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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 #OD137053)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Mar 11, 2023 In contract -
In contract
Nov 19, 2022 Listed by Keller Williams Upstate NY Properties $279,000
Listed by Keller Williams Upstate NY Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 350,222
  • Total Building Area: 1,904
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008040
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 993 0 0

Neighborhood

  • School District Name: Cooperstown Central School District
  • School Tax School District: COOPERSTOWN
  • Census Tract: 590201

Geography

  • Account Number: 064690
  • District: 363200
  • Section: 176.00
  • Parcel: 363200 176.00-1-11.01
  • Block: 1
  • Lot: 11.001
  • Municipality: HARTWICK
  • Latitude: 42.6327
  • Longitude: -75.0492

    Address

  • Full Address: 3208 State Highway 205
  • Address - House Number: 3208
  • Address - Street Name: State Highway 205
  • State: NY
  • City Name: Hartwick
  • Carrier Code: R001
  • 4-Digit Zip Code: 2120
  • Zip Code: 13348

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 365001

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 215,055
  • High Value: 242,232
  • Low Value: 187,877

    Market Valuation

  • Market Total Value: $174,078
  • Market Land Value: $67,511
  • Market Improvement Value: $106,567

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,100
  • Assessed Land Value: $58,600
  • Assessed Improvements Value: $92,500

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2023-2065
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

$153

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2347 ft²

Average Home Age

96.8 years

Currently For Sale

225 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# OD137053

Frequently Asked Questions

When was property at 3208 State Rte 205 built and last sold?
The property at 3208 State Rte 205 was built in 1999 and last sold on May 22, 2023 for $279,000.
How much is this home worth?
The estimated value of the home located at 3208 State Rte 205 is $282,288.
What are some comparable homes to 3208 State Rte 205?
There are currently no comparable homes to 3208 State Rte 205.
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