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Keuka Park 14527
3515 Brandy Bay Drive
$365,500
● House - Off Market

3515 Brandy Bay Drive

Jerusalem, NY 14527
bedrooms
1 Bed
bathrooms
1 Bath
square feet
697 Ft²
$444,077
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Adorable cottage on Keuka lake. Wall of windows with a spectacular view. Cute, Cozy and Comfortable. All new windows, blinds, tankless hot water. Dock and deck have all been redone. Newer flooring throughout.  Updated bathroom and kitchen. French door from bedroom to the deck. Extra sitting area on stone wall.

Such a pleasure to see!  Offers will be due by Monday, 10/19 at noon.
Unit Size
697 Ft²
Days on Market
59 days
Land Size
0.04 acres
Price per sqft
$485
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1950

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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 #B1300923)

Price History

Date / Event Date Event Price
Dec 11, 2020 Sold
Premium
Sold
Oct 13, 2020 Listed by MJ Peterson Real Estate $338,000
Listed by MJ Peterson Real Estate
Apr 23, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 238
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 350
  • Total Building Area: 800
  • Building Area: 800
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000040
  • Standard Land Use Code: 1012
  • County Land Use Code: 260

Neighborhood

  • School District Name: Penn Yan Central School District
  • School Tax School District: PENN YAN
  • Census Tract: 150400

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 1593-000
  • District: 572689
  • Section: 72.52
  • Parcel: 572689 72.52-1-12
  • Block: 1
  • Lot: 12.000
  • Municipality: JERUSALEM (TOV)
  • Latitude: 42.6235
  • Longitude: -77.0928

    Address

  • Full Address: 3515 Brandy Bay Dr
  • Address - House Number: 3515
  • Address - Street Name: Brandy Bay
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Penn Yan
  • Carrier Code: R005
  • 4-Digit Zip Code: 8832
  • Zip Code: 14527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $509,298
  • Tax Rate Code Area: 573001

    Appraisal Valuation

  • Standard Deviation: 0.2312
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 470,767
  • High Value: 579,451
  • Low Value: 362,084

    Market Valuation

  • Market Total Value: $341,176
  • Market Land Value: $145,765
  • Market Improvement Value: $195,411

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,000
  • Assessed Land Value: $123,900
  • Assessed Improvements Value: $166,100

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-3194
  • Previous Sale Recording Date: Apr 23, 2018
  • Previous Sale Contract Date: Apr 13, 2018
  • Previous Sale Amount: $200,000
  • 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 Keuka Park

Stats & Trends

Median Asking:

$359,000

Sale Price/ft²

$288

Below Asking

0.02%

Average Days on Market

77

Average Home Size

900 ft²

Average Home Age

3 years

Currently For Sale

1 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# B1300923

Frequently Asked Questions

When was property at 3515 Brandy Bay Drive built and last sold?
The property at 3515 Brandy Bay Drive was built in 1950 and last sold on Dec 7, 2020 for $365,500.
How much is this home worth?
The estimated value of the home located at 3515 Brandy Bay Drive is $344,424.
What are some comparable homes to 3515 Brandy Bay Drive?
There are currently no comparable homes to 3515 Brandy Bay Drive.
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