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Alfred 14803
40 Pine Hill Drive
$212,000
● House - Off Market

40 Pine Hill Drive

Alfred, NY 14802
bedrooms
5 Beds
bathrooms
3 Baths
square feet
1,909 Ft²
$199,334
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Move right into this 5 bedroom Ranch home.  Great Friendly neighborhood, with small playground just down the road.  Convenient location, close to both Campuses.  Enter into the Living room with hardwood floors, gas fireplace.  Large Dining room with picture window overlooking the backyard.  Kitchen has plenty of counter space and window over the sink also looks out over the back yard.  Garage comes right into the kitchen making unloading groceries convenient.  Down the hallway from the living room you will find a full bath in the hallway, and access to 3 bedrooms all with hardwood floors.

Sellers need occupancy through May 31,

Seller will provide survey dated 7/9/21 fence was put inside property lines.
Unit Size
1,909 Ft²
Days on Market
86 days
Land Size
0.29 acres
Price per sqft
$104
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1966

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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: 5 months ago (NYSAMLS #R1458671)

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold
Premium
Sold
Apr 19, 2023 In contract -
In contract
Mar 8, 2023 Listed by Hunt Real Estate ERA $199,000
Listed by Hunt Real Estate ERA
Aug 5, 2021 Sold
Premium
Sold
May 6, 2021 Listed by SVR Realty LLC $167,900
Listed by SVR Realty LLC
Ranch style house with pride of ownership in Alfred Village. Close to Alfred State, Montessori School and 2 parks. Available for showings during the Monday through Friday. Please schedule on ShowingTime. Covid 19 protocol required during showings.
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Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • 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: 720
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,909
  • Building Area: 1,909
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,909
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: GL 23

Neighborhood

  • School District Name: Alfred-Almond Central School District
  • School Tax School District: ALFRED-ALMOND
  • Census Tract: 950800

Geography

  • Account Number: 00000000466
  • District: 022001
  • Section: 164.15
  • Parcel: 022001 164.15-2-2
  • Block: 2
  • Lot: 2.000
  • Municipality: ALFRED
  • Latitude: 42.2482
  • Longitude: -77.7865

    Address

  • Full Address: 40 Pine Hill Dr
  • Address - House Number: 40
  • Address - Street Name: Pine Hill
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Alfred
  • Carrier Code: C001
  • 4-Digit Zip Code: 1333
  • Zip Code: 14802

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $765,733
  • Tax Rate Code Area: 22001

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 70
  • Final Value: 194,701
  • High Value: 223,209
  • Low Value: 166,192

    Market Valuation

  • Market Total Value: $177,239
  • Market Land Value: $13,045
  • Market Improvement Value: $164,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,750
  • Assessed Land Value: $8,740
  • Assessed Improvements Value: $110,010

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-40743
  • Previous Sale Recording Date: May 03, 2006
  • Previous Sale Contract Date: Apr 28, 2006
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 27
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 Alfred

Stats & Trends

Median Asking:

$189,450

Sale Price/ft²

$113

Above Asking

0.00%

Average Days on Market

91

Average Home Size

2351 ft²

Average Home Age

99.8 years

Currently For Sale

5 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 30 High Street, Alfred, NY, 14802

$2,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,724 ft²
30 High Street, Alfred, NY, 14802 Listing by Jamie Nasatka

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# R1458671

Frequently Asked Questions

When was property at 40 Pine Hill Drive built and last sold?
The property at 40 Pine Hill Drive was built in 1966 and last sold on Jun 2, 2023 for $212,000.
How much is this home worth?
The estimated value of the home located at 40 Pine Hill Drive is $240,217.
What are some comparable homes to 40 Pine Hill Drive?
There are currently no comparable homes to 40 Pine Hill Drive.
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