4523 County Road 16
About This Property
This home is being sold as-is and offers municipal water, village electric, and natural gas providing convenience for a possible new build.
Situated just minutes from the charming Village of Angelica, you'll enjoy quick access to essential amenities, while the City of Hornell is only a 20-minute drive away.
Whether you're looking for a renovation project or envision creating your dream home, this property is awaiting your personal touch. Don't miss the opportunity to invest in a location that combines small-town charm with practicality.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed | $21,900 | |
| Listed | |||
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Discover the potential of this property located on a spacious 1-acre corner lot in the Town of Angelica NY, Allegany County.
This home is being sold as-is and offers municipal water, village electric, and natural gas providing convenience for a possible new build.
Situated just minutes from the charming Village of Angelica, you'll enjoy quick access to essential amenities, while the City of Hornell is only a 20-minute drive away.
Whether you're looking for a renovation project or envision creating your dream home, this property is awaiting your personal touch. Don’t miss the opportunity to invest in a location that combines small-town charm with practicality.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017