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Wayne 14505
3430 Newark Road
$134,900
● House - Off Market

3430 Newark Road

Marion, NY 14505
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,487 Ft²
$239,100
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

Well maintained classic Cape Cod on 13 country acres.  Huge covered front porch,  inviting living room w/gas fireplce, eat-in kitchen with sliding door leading to the deck.  First floor master bedroom, 3 more bedrooms and 1.5 baths.  2 floor 1/2 bath has plumbing in place for a shower.  2nd bedroom on the first floor would make a great office or den. Full walk out basement w/ work shop area, attached garage. 16x15 deck, 24' round above ground pool. Storage shed, pleasant country views.
Unit Size
1,487 Ft²
Days on Market
87 days
Land Size
13.27 acres
Price per sqft
$91
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1995

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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: 5 months ago (NYSAMLS #R286341)

Price History

Date / Event Date Event Price
Apr 26, 2022 Sold
Premium
Sold
Jan 27, 2022 Listed by Nothnagle REALTORS $199,900
Listed by Nothnagle REALTORS
Nov 18, 2019 Sold
Premium
Sold
Aug 18, 2019 Listed by Nothnagle REALTORS $159,900
Listed by Nothnagle REALTORS
Jan 11, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 578,041
  • Total Building Area: 1,487
  • Building Area: 1,487
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,487
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000013270
  • Standard Land Use Code: 1008
  • County Land Use Code: 241
  • Legal Description 1: 34114-00-075071

Neighborhood

  • School District Name: Marion Central School District
  • School Tax School District: MARION
  • Census Tract: 020500

Geography

  • District: 543200
  • Section: 66.114
  • Parcel: 543200 66114-00-108076
  • Lot: 108.076
  • Municipality: MARION
  • Latitude: 43.1296
  • Longitude: -77.182

    Address

  • Full Address: 3430 Newark Rd
  • Address - House Number: 3430
  • Address - Street Name: Newark
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Marion
  • Carrier Code: R904
  • 4-Digit Zip Code: 9603
  • Zip Code: 14505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $546,780
  • Tax Rate Code Area: 543201

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 239,169
  • High Value: 295,094
  • Low Value: 183,244

    Market Valuation

  • Market Total Value: $195,507
  • Market Land Value: $38,551
  • Market Improvement Value: $156,956

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,900
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $108,300

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R9316013
  • Previous Sale Recording Date: Nov 18, 2019
  • Previous Sale Contract Date: Nov 06, 2019
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 71
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 Wayne

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$137

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2233 ft²

Average Home Age

84.6 years

Currently For Sale

190 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: 5 months ago
Data Source: NYSAMLSs, MLS# R286341

Frequently Asked Questions

When was property at 3430 Newark Road built and last sold?
The property at 3430 Newark Road was built in 1995 and last sold on Apr 25, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 3430 Newark Road is $201,121.
What are some comparable homes to 3430 Newark Road?
There are currently no comparable homes to 3430 Newark Road.
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