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Otego 13825
5 Center
$23,500
● House - Off Market

5 Center

Otego, NY 13820
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,758 Ft²
$52,794
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Otego Village home on large lot with mature privacy bushes. Some nice original features, butlers pantry, fireplace and some lead glass window feature. 1/2 bath on first floor. Priced to sell.
Unit Size
1,758 Ft²
Days on Market
83 days
Land Size
0.49 acres
Price per sqft
$20
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1900

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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: 6 months ago (NYSAMLS #OD116510)

Price History

Date / Event Date Event Price
Sep 25, 2018 Sold
Premium
Sold
Jun 7, 2018 Listed by Bordinger Realty, LLC $34,900
Listed by Bordinger Realty, LLC
Dec 26, 2017 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1970
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Lot Size Frontage Feet: 1,920
  • Total Building Area: 1,758
  • Building Area: 1,758
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,758
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 991 0 0

Neighborhood

  • School District Name: Otego-Unadilla Central School District
  • School Tax School District: UNATEGO
  • Census Tract: 591401

Geography

  • Account Number: 020210
  • District: 364801
  • Section: 317.20
  • Parcel: 364801 317.20-1-29.00
  • Block: 1
  • Lot: 29.000
  • Municipality: OTEGO
  • Latitude: 42.3944
  • Longitude: -75.1713

    Address

  • Full Address: 5 Center St
  • Address - House Number: 5
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: NY
  • City Name: Otego
  • Zip Code: 13825

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 364801

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 37,664
  • High Value: 42,423
  • Low Value: 32,904

    Market Valuation

  • Market Total Value: $143,871
  • Market Land Value: $26,667
  • Market Improvement Value: $117,204

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,800
  • Assessed Land Value: $24,800
  • Assessed Improvements Value: $109,000

    Sales

  • Current Sale Contract Date: Aug 14, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018-4577
  • Previous Sale Recording Date: Dec 26, 2017
  • Previous Sale Contract Date: Nov 21, 2017
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 34
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 Otego

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$149

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2022 ft²

Average Home Age

54 years

Currently For Sale

6 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: 6 months ago
Data Source: NYSAMLSs, MLS# OD116510

Frequently Asked Questions

When was property at 5 Center Street built and last sold?
The property at 5 Center Street was built in 1900 and last sold on Aug 14, 2018 for $23,500.
How much is this home worth?
The estimated value of the home located at 5 Center Street is $45,270.
What are some comparable homes to 5 Center Street?
There are currently no comparable homes to 5 Center Street.
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