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Delaware 13775
501 Hodge Road
$82,500
● House - Off Market

501 Hodge Road

Franklin, NY 13775
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,319 Ft²
$126,132
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

PINTREST lovers look here! Three bedroom ranch on Acre lot. Let your design and DIY ideas explode here. Hardwood floors in all three bedrooms. Kitchen and dining area combination with slider to deck that runs a generous length of the house. Master bedroom has own door to the full bathroom. Attractive Stone, wood burning fireplace in the living room. Laundry room off kitchen with door to garage and  back door to deck and yard. Full DRY basement with wood burning furnace ready for a Hot Air furnace as well. Attached garage has storage above. Level lot, nice distant views and storage outbuilding.
Unit Size
1,319 Ft²
Days on Market
109 days
Land Size
1.00 acres
Price per sqft
$64
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1970

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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 #OD119302)

Price History

Date / Event Date Event Price
Apr 1, 2019 Sold
Premium
Sold
Dec 13, 2018 Listed by Bordinger Realty, LLC $85,000
Listed by Bordinger Realty, LLC
Aug 6, 2008 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • 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
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,319
  • Building Area: 1,319
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,319
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: WM BUTLER PATENT RICHARD/LINDA COLE

Neighborhood

  • School District Name: Franklin Central School District
  • School Tax School District: FRANKLIN
  • Census Tract: 970300

Zoning

  • Zoning: R3

Geography

  • Account Number: 06400277008
  • District: 123289
  • Section: 120.00
  • Parcel: 123289 120.-1-41
  • Block: 1
  • Lot: 41.000
  • Municipality: FRANKLIN (TOV)
  • Latitude: 42.3226
  • Longitude: -75.1681

    Address

  • Full Address: 501 Hodge Rd
  • Address - House Number: 501
  • Address - Street Name: Hodge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Franklin
  • Carrier Code: R001
  • 4-Digit Zip Code: 3123
  • Zip Code: 13775

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $284,374
  • Tax Rate Code Area: 123201

    Appraisal Valuation

  • Standard Deviation: 0.1369
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 86,707
  • High Value: 98,578
  • Low Value: 74,835

    Market Valuation

  • Market Total Value: $134,211
  • Market Land Value: $13,158
  • Market Improvement Value: $121,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,000
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $92,000

    Sales

  • Current Sale Contract Date: Apr 01, 2019
  • Current Sale Recording Date: Apr 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3348
  • Previous Sale Recording Date: Aug 06, 2008
  • Previous Sale Contract Date: Jul 30, 2008
  • Previous Sale Amount: $121,000
  • 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 Delaware

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$181

Below Asking

0.03%

Average Days on Market

101

Average Home Size

2159 ft²

Average Home Age

82.3 years

Currently For Sale

245 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# OD119302

Frequently Asked Questions

When was property at 501 Hodge Road built and last sold?
The property at 501 Hodge Road was built in 1970 and last sold on Apr 1, 2019 for $87,450.
How much is this home worth?
The estimated value of the home located at 501 Hodge Road is $95,040.
What are some comparable homes to 501 Hodge Road?
There are currently no comparable homes to 501 Hodge Road.
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