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Broome 13811
384 Tiona Road
$150,000
● House - Off Market

384 Tiona Road

Newark Valley, NY 13811
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$141,114
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

This ranch homes is set up on a small incline located on 1.25 aces in the Town of Maine.  This home has a spacious eat in kitchen with 3 bedrooms and a full bath.  In the lower level it could be brought to more living space.  The laundry room located in the LL has a stand alone toilet.  The walk out basement is attached to the 2 car  garage  which is spacious enough to store small items as well.   This property is being sold "as is"
Unit Size
1,344 Ft²
Days on Market
90 days
Land Size
1.25 acres
Price per sqft
$106
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1962

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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: 5 months ago (GBMLS #321616)

Price History

Date / Event Date Event Price
Oct 4, 2023 Sold
Premium
Sold
Jun 18, 2023 In contract -
In contract
Jun 10, 2023 Listed by WARREN REAL ESTATE (FRONT STREET) $142,000
Listed by WARREN REAL ESTATE (FRONT STREET)

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 00100060S20000000000

Neighborhood

  • School District Name: Maine-Endwell Central School District
  • School Tax School District: MAINE-ENDWELL
  • Census Tract: 010200

Geography

  • Account Number: 38006200500
  • District: 033800
  • Section: 63.01
  • Parcel: 033800 063.01-1-19
  • Block: 1
  • Lot: 19.000
  • Municipality: MAINE
  • Latitude: 42.2289
  • Longitude: -76.067

    Address

  • Full Address: 384 Tiona Rd
  • Address - House Number: 384
  • Address - Street Name: Tiona
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Newark Valley
  • Carrier Code: R001
  • 4-Digit Zip Code: 3007
  • Zip Code: 13811

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,093
  • Tax Rate Code Area: 33801

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 594,997
  • High Value: 865,243
  • Low Value: 324,750

    Market Valuation

  • Market Total Value: $148,367
  • Market Land Value: $30,816
  • Market Improvement Value: $117,551

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,700
  • Assessed Land Value: $15,100
  • Assessed Improvements Value: $57,600

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 05, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20620
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 Broome

Stats & Trends

Median Asking:

$200,000

Sale Price/ft²

$118

Below Asking

0.03%

Average Days on Market

74

Average Home Size

2484 ft²

Average Home Age

86.4 years

Currently For Sale

539 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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GBMLS

Listed by: Georgia Baker Ondrejko
WARREN REAL ESTATE (FRONT STREET)
Last Updated: 5 months ago
Data Source: GBMLS , MLS# 321616

Frequently Asked Questions

When was property at 384 Tiona Road built and last sold?
The property at 384 Tiona Road was built in 1962 and last sold on Sep 5, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 384 Tiona Road is $145,475.
What are some comparable homes to 384 Tiona Road?
There are currently no comparable homes to 384 Tiona Road.
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