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Yates 14527
3607 State Route 14A
$485,000
● House - Off Market

3607 State Route 14A

Penn Yan, NY 14527
bedrooms
3 Beds
bathrooms
1 Bath
$545,576
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

This one-of-a-kind treasure is a once-in-a-lifetime opportunity in the heart of New York's stunning Finger Lakes wine country. Fourteen picturesque acres of prime real estate with endless potential-your dream... The sprawling property features a cozy three-bedroom farmhouse with sweeping vistas of the Keuka Lake area, 60' x 80' commercial steel building with high-capacity utilities ideal for a winery or manufacturing, 40' x 40' retail shop, horse barn, tillable fields, pine groves, and a serene pond. An established high-end custom cabinetry business is also for sale, with a loyal customer base and room for substantial growth.
Unit Size
-
Days on Market
-
Land Size
14.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$33,683
HOA Dues
-
Year Built
1890

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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: 3 years ago (Global MLS #202319456)

Price History

Date / Event Date Event Price
Sep 9, 2023 Sold
Premium
Sold
Aug 3, 2023 Price Decreased $549,000
↓ $46K (7.7%)
Price Decreased
Jun 24, 2023 Listed by The Greene Realty Group $595,000
Listed by The Greene Realty Group
Sep 22, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 631,620
  • Total Building Area: 2,002
  • Gross Building Area: 2,002
  • Building Area: 2,002
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000014500
  • Standard Land Use Code: 2044
  • County Land Use Code: 283

Neighborhood

  • School District Name: Dundee Central School District
  • School Tax School District: DUNDEE
  • Census Tract: 150502

Zoning

  • Zoning: AG

Geography

  • Account Number: 0804-000
  • District: 573089
  • Section: 86.03
  • Parcel: 573089 86.03-1-24.1
  • Block: 1
  • Lot: 24.001
  • Municipality: MILO (TOV)
  • Latitude: 42.5872
  • Longitude: -77.0351

    Address

  • Full Address: 3607 State Route 14a
  • Address - House Number: 3607
  • Address - Street Name: State Route 14a
  • State: NY
  • City Name: Penn Yan
  • Carrier Code: R006
  • 4-Digit Zip Code: 9537
  • Zip Code: 14527

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $737,419
  • Tax Rate Code Area: 573401

    Market Valuation

  • Market Total Value: $485,900
  • Market Land Value: $187,500
  • Market Improvement Value: $298,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,900
  • Assessed Land Value: $187,500
  • Assessed Improvements Value: $298,400

    Sales

  • Current Sale Contract Date: Sep 22, 2016
  • Current Sale Recording Date: Sep 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016-00002380

    Financing

  • First Mortgage Financing Type: VAR
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 Yates

Stats & Trends

Median Asking:

$324,900

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2072 ft²

Average Home Age

62.2 years

Currently For Sale

72 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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Global MLS

Listed by: Derek Greene
The Greene Realty Group
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202319456
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3607 State Rte 14A built and last sold?
The property at 3607 State Rte 14A was built in 1890 and last sold on Sep 22, 2016 for $160,000.
How much is this home worth?
The estimated value of the home located at 3607 State Rte 14A is $554,490.
What are some comparable homes to 3607 State Rte 14A?
There are currently no comparable homes to 3607 State Rte 14A.
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