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Ontario
5658 Martz Road
$207,500
● House - Off Market

5658 Martz Road

Farmington, NY 14425
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,224 Ft²
$189,482
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

ALMOST A FULL ACRE IN VICTOR! LISTED UNDER ASSESSED VALUE.  4 BEDRM RANCH, 10 ROOMS TOTAL, FULLY FENCED YARD, BRAND NEW/NEVER USED GENERATOR AND ALL APPLIANCES INCLUDED.  JOHN DEERE RIDING MOWER AND SNOWBLOWER ALSO AVAILABLE. PROPERTY SOLD "AS IS" NEEDS WORK. USE SHOWINGTIME APP. DELAYED SHOWINGS TILL TUESDAY 5/9/23 AT 9 AM AND DELAYED NEGOTIONS TUES 5/16/23  AT 8 PM
Unit Size
1,224 Ft²
Days on Market
60 days
Land Size
0.95 acres
Price per sqft
$155
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1980

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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: 5 months ago (NYSAMLS #R1468095)

Price History

Date / Event Date Event Price
Jul 10, 2023 Sold
Premium
Sold
May 20, 2023 In contract -
In contract
May 8, 2023 Listed by Howard Hanna $190,000
Listed by Howard Hanna
Mar 10, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,250
  • Lot Size Depth Feet: 2,750
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000947
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Victor Central School District
  • School Tax School District: VICTOR
  • Census Tract: 050204

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 2303-060-10
  • District: 322800
  • Section: 9.03
  • Parcel: 322800 9.03-1-57.000
  • Block: 1
  • Lot: 57.000
  • Municipality: FARMINGTON
  • Latitude: 43.0132
  • Longitude: -77.3279

    Address

  • Full Address: 5658 Martz Rd
  • Address - House Number: 5658
  • Address - Street Name: Martz
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Farmington
  • Carrier Code: R010
  • 4-Digit Zip Code: 9559
  • Zip Code: 14425

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,157
  • Tax Rate Code Area: 324801

    Appraisal Valuation

  • Standard Deviation: 0.1021
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 90
  • Final Value: 193,933
  • High Value: 213,733
  • Low Value: 174,132

    Market Valuation

  • Market Total Value: $204,300
  • Market Land Value: $24,300
  • Market Improvement Value: $180,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,300
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $180,000

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202307100320
  • Previous Sale Recording Date: Mar 10, 2000
  • Previous Sale Contract Date: Mar 09, 2000
  • Previous Sale Amount: $92,200
  • 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 Ontario

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$192

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2203 ft²

Average Home Age

69.7 years

Currently For Sale

204 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: 5 months ago
Data Source: NYSAMLSs, MLS# R1468095

Frequently Asked Questions

When was property at 5658 Martz Road built and last sold?
The property at 5658 Martz Road was built in 1980 and last sold on Jun 28, 2023 for $207,500.
How much is this home worth?
The estimated value of the home located at 5658 Martz Road is $194,375.
What are some comparable homes to 5658 Martz Road?
There are currently no comparable homes to 5658 Martz Road.
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