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Allegany 14895
3261 Riverside Drive
Photo of 3261 Riverside Drive

32

Map

Photo of 3261 Riverside Drive
Photo of 3261 Riverside Drive
$124,900
↓ $25K (16.7%)
● House - For Sale

3261 Riverside Drive

Scio, NY 14895
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,653 Ft²
$869
Est. Monthly

About This Property

3261 Riverside Dr, Scio, NY 14880 offers a prime opportunity to enjoy country living in a setting defined by the natural beauty of the Genesee River corridor. Surrounded by the kind of landscape that draws buyers to the Southern Tier, this property delivers privacy, recreation, wildlife, and the peaceful atmosphere that is increasingly hard to find. From fishing and outdoor enjoyment to the simple value of owning property in a scenic river community, this location checks the boxes for buyers seeking a home, camp, or rural getaway with authentic Upstate New York character.
Unit Size
1,653 Ft²
Days on Market
197 days
Land Size
1.60 acres
Price per sqft
$76
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1920

Listed By

Chad Leonard
[email protected]
National Land Realty, New York

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (NYSAMLS #R1675027)

Price History

Date / Event Date Event Price
May 17, 2026 Price Decreased $124,900
↓ $25K (16.7%)
Price Decreased
Apr 20, 2026 Listed by Mossy Oak Properties $149,900
Listed by Mossy Oak Properties
May 9, 2012 Sold
Premium
Sold
Aug 30, 1994 Sold
Premium
Sold

Property Highlights

Parking Details
Parking Features: No Garage
Interior Details
Full Bathrooms: 2
Interior Features: CountryKitchen, BedroomOnMainLevel
Appliances: Gas Oven, Gas Range, Gas Water Heater
Flooring Type: Ceramic Tile, Laminate, Varies
Rooms: 11
Basement: Partial
Exterior Details
Square Footage: 1653
Property Condition: Resale
Architectural Style: TwoStory
Year Built: 1920
Building Area Total: 1653
Construction Materials: Wood Siding
Lot Features: Rectangular Lot, Rectangular
Lot Size Area: 1.6
Lot Size Units: Acres
Lot Size Acres: 1.6
Lot Size Square Feet: 60984
Lot Size Dimensions: 350X340
Tax Lot: 15
Water Source: Public, Connected
Financial Details
Tax Assessed Value: $69,000
Tax Annual Amount: $3,066
Utilities Details
Heating Type: Natural Gas, Forced Air
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 1,653
  • Building Area: 1,653
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,653
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MORRIS RESERVE
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: GL 26

Neighborhood

  • School District Name: Wellsville Central School District
  • School Tax School District: WELLSVILLE
  • Census Tract: 950600

Zoning

  • Zoning: 01

Geography

  • Account Number: 00000000889
  • District: 026600
  • Section: 225.14
  • Parcel: 026600 225.14-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: SCIO
  • Latitude: 42.1377
  • Longitude: -77.9769

    Address

  • Full Address: 3261 Riverside Dr
  • Address - House Number: 3261
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Scio
  • Zip Code: 14880

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $278,037
  • Tax Rate Code Area: 027001

    Appraisal Valuation

  • Standard Deviation: 0.135
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 83,960
  • High Value: 95,300
  • Low Value: 72,619

    Market Valuation

  • Market Total Value: $82,600
  • Market Land Value: $14,964
  • Market Improvement Value: $67,636

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,000
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $56,500

    Sales

  • Current Sale Contract Date: Apr 30, 2012
  • Current Sale Recording Date: May 09, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012-54565
  • Previous Sale Recording Date: Aug 30, 1994
  • Previous Sale Contract Date: Aug 26, 1994
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 44
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 Allegany

Stats & Trends

Median Asking:

$152,450

Sale Price/ft²

$102

Below Asking

0.04%

Average Days on Market

91

Average Home Size

2053 ft²

Average Home Age

81.6 years

Currently For Sale

122 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

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# R1675027

Frequently Asked Questions

When was property at 3261 Riverside Drive built and last sold?
The property at 3261 Riverside Drive was built in 1920 and last sold on Apr 30, 2012 for $64,000.
How much is this home worth?
The estimated value of the home located at 3261 Riverside Drive is $128,658.
What are some comparable homes to 3261 Riverside Drive?
There are currently no comparable homes to 3261 Riverside Drive.
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