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Monroe 14626
40 Berchman Drive
$261,000
● House - Off Market

40 Berchman Drive

Greece, NY 14626
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,776 Ft²
$217,018
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Charming well maintained 3-bedroom, 1.5 bath Colonial. Fireplaced family room open to the eat-in kitchen. Formal living and dining rooms. Basement is partially finished with a full bath. New windows, central air and lower roof. Showing between 12 and 6 Wednesday, Thursday, Friday and Saturday. Open House Sunday between 2 and 4. Offers due on July 11 at 5 p.m. Make offers good for 24 hours. Ring doorbell not included. Appliances negotiable. Large deck overlooks large back yard. 10 x 12 shed for additional storage.
Unit Size
1,776 Ft²
Days on Market
44 days
Land Size
0.28 acres
Price per sqft
$118
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
1984

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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: 4 months ago (NYSAMLS #R1418075)

Price History

Date / Event Date Event Price
Aug 18, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by Timothy Murphy Realty $209,900
Listed by Timothy Murphy Realty
Jul 24, 2017 Sold
Premium
Sold
May 16, 2017 Listed by Timothy Murphy Realty $154,900
Listed by Timothy Murphy Realty
Apr 22, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE FIRST DIVISION
  • Land Acres: 0000000275
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: L8 T2 D1 SHORT RANGE MAIDEN LN WDS S2 224-75 L207

Neighborhood

  • School District Name: Greece Central School District
  • School Tax School District: GREECE
  • Census Tract: 013509

Geography

  • Account Number: 01525956000
  • District: 262800
  • Section: 58.40
  • Parcel: 262800 058.04-4-65
  • Block: 4
  • Lot: 65.000
  • Municipality: GREECE
  • Latitude: 43.2271
  • Longitude: -77.7118

    Address

  • Full Address: 40 Berchman Dr
  • Address - House Number: 40
  • Address - Street Name: Berchman
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Rochester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1281
  • Zip Code: 14626

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,110,742
  • Tax Rate Code Area: 262801

    Appraisal Valuation

  • Standard Deviation: 0.2074
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 275,393
  • High Value: 332,513
  • Low Value: 218,273

    Market Valuation

  • Market Total Value: $213,605
  • Market Land Value: $29,884
  • Market Improvement Value: $183,721

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,700
  • Assessed Land Value: $25,700
  • Assessed Improvements Value: $158,000

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1064
  • Previous Sale Recording Date: Jul 24, 2017
  • Previous Sale Contract Date: Jul 13, 2017
  • Previous Sale Amount: $156,900
  • 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 Monroe

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$159

Above Asking

3.37%

Average Days on Market

55

Average Home Size

2141 ft²

Average Home Age

75.2 years

Currently For Sale

1424 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

Unit for rent at 598 Bram Hall Drive, Rochester, NY, 14626

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,740 ft²
598 Bram Hall Drive, Rochester, NY, 14626 Listing by Sylvia Bauer

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# R1418075

Frequently Asked Questions

When was property at 40 Berchman Drive built and last sold?
The property at 40 Berchman Drive was built in 1984 and last sold on Aug 11, 2022 for $262,000.
How much is this home worth?
The estimated value of the home located at 40 Berchman Drive is $216,586.
What are some comparable homes to 40 Berchman Drive?
There are currently no comparable homes to 40 Berchman Drive.
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