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Allegany 14806
4385 Pingrey Hill Road
$55,500
● House - Off Market

4385 Pingrey Hill Road

Andover, NY 14806
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,698 Ft²
$413
Est. Monthly
42.32%
Cap Rate

About This Property

Looking for a great opportunity? Look no more! This property has tons of potential and is average in living space size for the neighborhood. It is located close to main roads with easy access to local amenities, such as shopping, banking, schools, and various eateries. Per our BPO/TAX describe the property as a SFR (colonial ) built in 1970. It has a GLA of approx. 2698 and has 3 bedroom and 2 Baths, FULL/UNFINISHED basement and 1-Att Garage. The property is on 431,244 Sq ft lot *** Seller cannot guarantee access at any given time. Offers may be made sight unseen ***
Unit Size
2,698 Ft²
Days on Market
77 days
Land Size
9.90 acres
Price per sqft
$16
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1940

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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: 2 years ago (NYSAMLS #S1595293)

Price History

Date / Event Date Event Price
Jun 10, 2025 Sold
Premium
Sold
Apr 10, 2025 In contract -
In contract
Mar 25, 2025 Listed by REALHome Services & Solutions $42,400
Listed by REALHome Services & Solutions
Jan 25, 2001 Sold
Premium
Sold
Sep 9, 1998 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • 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: 1
  • Garage Square Area: 736
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 431,244
  • Total Building Area: 2,698
  • Building Area: 2,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,698
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009900
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: GL 37-60

Neighborhood

  • School District Name: Andover Central School District
  • School Tax School District: ANDOVER
  • Census Tract: 950900

Geography

  • Account Number: 00000000616
  • District: 023089
  • Section: 202.00
  • Parcel: 023089 202.-1-6.3
  • Block: 1
  • Lot: 6.003
  • Municipality: ANDOVER (TOV)
  • Latitude: 42.1922
  • Longitude: -77.8203

    Address

  • Full Address: 4385 Pingrey Hill Rd
  • Address - House Number: 4385
  • Address - Street Name: Pingrey Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Andover
  • Carrier Code: R801
  • 4-Digit Zip Code: 9721
  • Zip Code: 14806

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $537,669
  • Tax Rate Code Area: 023001

    Appraisal Valuation

  • Standard Deviation: 0.135
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 157,163
  • High Value: 178,391
  • Low Value: 135,934

    Market Valuation

  • Market Total Value: $148,300
  • Market Land Value: $20,265
  • Market Improvement Value: $128,035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,700
  • Assessed Land Value: $15,400
  • Assessed Improvements Value: $97,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 24, 2001
  • Current Sale Recording Date: Jan 25, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 09, 1998
  • Previous Sale Contract Date: Sep 09, 1998
  • Previous Sale Amount: $92,000
  • 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 Allegany

Stats & Trends

Median Asking:

$154,900

Sale Price/ft²

$102

Below Asking

0.04%

Average Days on Market

91

Average Home Size

2028 ft²

Average Home Age

80.2 years

Currently For Sale

121 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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NYSAMLS

Last Updated: 2 years ago
Data Source: NYSAMLSs, MLS# S1595293

Frequently Asked Questions

When was property at 4385 Pingrey Hill Road built and last sold?
The property at 4385 Pingrey Hill Road was built in 1940 and last sold on Jan 24, 2001 for $100,000.
How much is this home worth?
The estimated value of the home located at 4385 Pingrey Hill Road is $0.
What are some comparable homes to 4385 Pingrey Hill Road?
There are currently no comparable homes to 4385 Pingrey Hill Road.
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