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Fulton 12117
555 County Highway 123
Photo of 555 County Highway 123
Sold on Sep 28, 2023

1

Map

$160,000
● House - Off Market

555 County Highway 123

Mayfield, NY 12117
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$158,903
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Looking for a newly refreshed house with charm and character?! This is your place! This two bedroom one bath home is ready for someone to enjoy the open concept with all fresh finishes. This house is super clean, freshly painted, and even has new flooring! This is a low maintenance house that would be perfect for someone that likes to enjoy their personal space or wants a low cost home ownership. The taxes on this are SUPER low only adding to it's affordability. Looking for a back yard, .44 acres gives you that and more! Close to Sacandaga, boat launches and  lakeside dining, this home nestled at the base of the Adirondacks is ready for you!
Unit Size
900 Ft²
Days on Market
62 days
Land Size
0.44 acres
Price per sqft
$178
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1939

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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: 2 years ago (Global MLS #202321564)

Price History

Date / Event Date Event Price
Oct 2, 2023 Sold
Premium
Sold
Jul 31, 2023 In contract -
In contract
Jul 27, 2023 Listed by Inglenook Realty Inc $159,900
Listed by Inglenook Realty Inc
Mar 1, 2023 Sold
Premium
Sold
Jul 5, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,176
  • Lot Size Depth Feet: 2,820
  • Lot Size Frontage Feet: 680
  • Total Building Area: 900
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 900
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BUYER ALSO SELLER OLD PARCEL =20-01- 33.00

Neighborhood

  • School District Name: Mayfield Central School District
  • School Tax School District: MAYFIELD
  • Census Tract: 970200

Zoning

  • Zoning: RE

Geography

  • Account Number: 20010033000
  • District: 173089
  • Section: 58.00
  • Parcel: 173089 58.-1-38
  • Block: 1
  • Lot: 38.000
  • Municipality: MAYFIELD (TOV)
  • Latitude: 43.1687
  • Longitude: -74.231

    Address

  • Full Address: 555 County Highway 123
  • Address - House Number: 555
  • Address - Street Name: County Highway 123
  • State: NY
  • City Name: Mayfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 3801
  • Zip Code: 12117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $116,543
  • Tax Rate Code Area: 173001

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 93,770
  • High Value: 105,645
  • Low Value: 81,894

    Market Valuation

  • Market Total Value: $68,571
  • Market Land Value: $25,714
  • Market Improvement Value: $42,857

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,800
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $18,000

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-83131
  • Previous Sale Recording Date: Mar 01, 2023
  • Previous Sale Contract Date: Feb 10, 2023
  • Previous Sale Amount: $13,000
  • Previous Sale Document Type: 71
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 Fulton

Stats & Trends

Median Asking:

$207,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1914 ft²

Average Home Age

88.8 years

Currently For Sale

175 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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Global MLS

Listed by: Michael DiMezza
Inglenook Realty Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202321564
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 555 County Rd 123 built and last sold?
The property at 555 County Rd 123 was built in 1939 and last sold on Sep 28, 2023 for $160,000.
How much is this home worth?
The estimated value of the home located at 555 County Rd 123 is $160,779.
What are some comparable homes to 555 County Rd 123?
There are currently no comparable homes to 555 County Rd 123.
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