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Chautauqua 14136
446 King Road
$250,000
● House - Off Market

446 King Road

Hanover, NY 14062
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$198,260
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to your own Lincoln Log Home nestled on a 4 acre corner lot! This one owner well maintained home was custom built and designed with an open concept. Dining and living areas are open to the kitchen with all new bamboo flooring and multiple sky lights. Master bedroom with entrance to private deck. Heated walk out basement with 8 foot ceilings has multiple rooms for storage, entertainment, or additional living space. Three zone heating system, one for the bedrooms, the living room/kitchen/dining area, and the basement. 1200 square foot garage with full walk up attic, remote doors as well as a sliding barn door with man door in rear and attached car port for additional parking/storage. Wooded area behind  home can also be accessed by driveway on Allegheny Rd, with the main entrance to the home on King Rd.
Unit Size
1,056 Ft²
Days on Market
116 days
Land Size
4.00 acres
Price per sqft
$188
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1985

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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: 6 months ago (NYSAMLS #B1481918)

Price History

Date / Event Date Event Price
Nov 15, 2023 Sold
Premium
Sold
Jul 14, 2023 In contract -
In contract
Jul 7, 2023 Listed by WNY Metro Roberts Realty $199,000
Listed by WNY Metro Roberts Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 17
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: OLD APN: 064689 8-1-28

Neighborhood

  • School District Name: Forestville Central School District
  • School Tax School District: FORESTVILLE
  • Census Tract: 037600

Zoning

  • Zoning: AR

Geography

  • District: 064689
  • Section: 67.00
  • Parcel: 064689 67.00-3-32
  • Block: 3
  • Lot: 32.000
  • Municipality: HANOVER (TOV)
  • Latitude: 42.5017
  • Longitude: -79.0945

    Address

  • Full Address: 446 King Rd
  • Address - House Number: 446
  • Address - Street Name: King
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Forestville
  • Carrier Code: R001
  • 4-Digit Zip Code: 9745
  • Zip Code: 14062

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $281,408
  • Tax Rate Code Area: 064603

    Appraisal Valuation

  • Standard Deviation: 0.1302
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 51
  • Final Value: 205,570
  • High Value: 273,340
  • Low Value: 137,800

    Market Valuation

  • Market Total Value: $137,931
  • Market Land Value: $22,069
  • Market Improvement Value: $115,862

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $67,200

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7100
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 Chautauqua

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$117

Below Asking

0.04%

Average Days on Market

85

Average Home Size

2290 ft²

Average Home Age

92.8 years

Currently For Sale

412 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

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# B1481918

Frequently Asked Questions

When was property at 446 King Road built and last sold?
The property at 446 King Road was built in 1985 and last sold on Sep 22, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 446 King Road is $201,888.
What are some comparable homes to 446 King Road?
There are currently no comparable homes to 446 King Road.
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