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$168,500
● House - Off Market

3744 County Rt. 3

Addison, NY
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,182 Ft²
$255,652
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Magnificent Lake Front Property Breathtaking views of this 30 acre lake, carved into this hillside wonder!  Two plus acres of landscaped lawn for this 3000 sq. ft. open floor plan colonial. Two bedrooms, two baths on both the first and second floor. Perfect for in law suite or large family and friends gatherings.  Great for entertaining and parking for 50 plus.  It's a legal double but can be converted to a single very easily.  Totally updated, utilities, furnace, tear off roof in 2016, new windows, insulation, and hot water tank. Agent representing his mother.
Unit Size
3,182 Ft²
Days on Market
198 days
Land Size
2.10 acres
Price per sqft
$53
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
-

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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 #EC250455)

Price History

Date / Event Date Event Price
Aug 31, 2018 Sold
Premium
Sold
Feb 14, 2018 Listed by Howard Hanna Buffalo $169,000
Listed by Howard Hanna Buffalo

Property Highlights

Air Conditioning
Parking Details
Parking Features: Gravel, No Garage
Interior Details
Full Bathrooms: 4
Interior Features: Ceiling Fan(s), WindowTreatments, BedroomOnMainLevel
Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Range Hood
Flooring Type: Carpet, Laminate, Varies
Rooms: 10
Basement: Partial, Walk-Out Access
Exterior Details
Square Footage: 3182
Property Condition: Resale
Architectural Style: Colonial
Year Built: 1888
Waterbody Name: Goodhue
Building Area Total: 3182
Other Structures: Barn(s), Outbuilding, Shed(s), Storage
Window Features: Drapes
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck, Patio, Porch, Open
Lot Size Area: 2.1
Lot Size Units: Acres
Lot Size Acres: 2.1
Lot Size Square Feet: 91476
Water Source: Well
Financial Details
Tax Assessed Value: $108,804
Tax Annual Amount: $3,118
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Natural Gas, Wall Furnace
Sewer : Septic Tank

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# EC250455
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