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Herkimer 13350
5495 State Route 5
$96,820
● House - Off Market

5495 State Route 5

Herkimer, NY 13350
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,384 Ft²
$653
Est. Monthly
Unit Size
1,384 Ft²
Days on Market
102 days
Land Size
0.56 acres
Price per sqft
$76
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1910

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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: 4 months ago (NYSAMLS #S1531449)

Price History

Date / Event Date Event Price
Jul 23, 2024 Sold
Premium
Sold
Apr 29, 2024 In contract -
In contract
Apr 12, 2024 Listed by River Hills Properties LLC Lf $105,000
Listed by River Hills Properties LLC Lf
Jun 27, 2017 Sold
Premium
Sold
Feb 4, 2005 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • 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: 4
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,494
  • Lot Size Depth Feet: 2,916
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,384
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000562
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N 4 N1 14 1 4 BLDG H G S L R

Neighborhood

  • School District Name: Herkimer Central School District
  • School Tax School District: HERKIMER
  • Census Tract: 011301

Zoning

  • Zoning: R2

Geography

  • Account Number: 030005340
  • District: 213089
  • Section: 113.20
  • Parcel: 213089 113.20-2-18
  • Block: 2
  • Lot: 18.000
  • Municipality: HERKIMER (TOV)
  • Latitude: 43.0287
  • Longitude: -74.9566

    Address

  • Full Address: 5495 State Route 5
  • Address - House Number: 5495
  • Address - Street Name: State Route 5
  • State: NY
  • City Name: Herkimer
  • Carrier Code: R001
  • 4-Digit Zip Code: 3506
  • Zip Code: 13350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 213001

    Appraisal Valuation

  • Standard Deviation: 0.1829
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 133,511
  • High Value: 157,939
  • Low Value: 109,082

    Market Valuation

  • Market Total Value: $64,412
  • Market Land Value: $19,559
  • Market Improvement Value: $44,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,800
  • Assessed Land Value: $13,300
  • Assessed Improvements Value: $30,500

    Sales

  • Current Sale Contract Date: Jun 27, 2017
  • Current Sale Recording Date: Jun 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 04, 2005
  • Previous Sale Contract Date: Feb 03, 2005
  • Previous Sale Amount: $42,000
  • 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 Herkimer

Stats & Trends

Median Asking:

$184,900

Sale Price/ft²

$116

Below Asking

0.03%

Average Days on Market

78

Average Home Size

1963 ft²

Average Home Age

92.2 years

Currently For Sale

277 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: 4 months ago
Data Source: NYSAMLSs, MLS# S1531449

Frequently Asked Questions

When was property at 5495 State Route 5 built and last sold?
The property at 5495 State Route 5 was built in 1910 and last sold on Jun 27, 2017 for $21,201.
How much is this home worth?
The estimated value of the home located at 5495 State Route 5 is $111,040.
What are some comparable homes to 5495 State Route 5?
There are currently no comparable homes to 5495 State Route 5.
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