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Mayfield 12117
6 2nd Avenue
$249,000
● House - Off Market

6 2nd Avenue

Mayfield, NY 12117
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,561 Ft²
$1,470
Est. Monthly
9.63%
Cap Rate

About This Property

This charming, well-maintained home is nestled in the sought-after southern end of Great Sacandaga Lake in Mayfield. The kitchen boasts stunning hickory cabinets, a propane gas range, microwave, refrigerator, and beverage fridge. The flexible first-floor bedroom with double closets can serve as a bedroom or a spacious family room. Upstairs, you'll find two additional bedrooms and an office, offering versatile space for your needs. The large, insulated, and heated detached garage (22 x 28) is perfect for storage or a workshop. Set on a double lot, there's plenty of outdoor space to enjoy. Plus, it's just a short walk to Mayfield Municipal Park and Mayfield Lake.
Unit Size
1,561 Ft²
Days on Market
47 days
Land Size
0.33 acres
Price per sqft
$150
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1890

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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 #202425273)

Price History

Date / Event Date Event Price
Oct 29, 2024 Sold
Premium
Sold
Sep 16, 2024 In contract -
In contract
Sep 12, 2024 Listed by Coldwell Banker Prime Properties $234,900
Listed by Coldwell Banker Prime Properties
Aug 19, 2022 Sold
Premium
Sold
Jun 11, 2022 Listed by Coldwell Banker Prime Properties $199,900
Listed by Coldwell Banker Prime Properties
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,561
  • Building Area: 1,561
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,561
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

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

Zoning

  • Zoning: R

Geography

  • Account Number: 07110015000
  • District: 173001
  • Section: 104.13
  • Parcel: 173001 104.13-10-14.5
  • Block: 10
  • Lot: 14.005
  • Municipality: MAYFIELD
  • Latitude: 43.1031
  • Longitude: -74.2656

    Address

  • Full Address: 6 2nd Ave
  • Address - House Number: 6
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Mayfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 3997
  • Zip Code: 12117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388,683
  • Tax Rate Code Area: 173001

    Appraisal Valuation

  • Standard Deviation: 0.1379
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 207,028
  • High Value: 235,583
  • Low Value: 178,472

    Market Valuation

  • Market Total Value: $192,143
  • Market Land Value: $23,810
  • Market Improvement Value: $168,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,700
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $70,700

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-76467
  • Previous Sale Recording Date: Jul 07, 2004
  • Previous Sale Contract Date: Jul 02, 2004
  • Previous Sale Amount: $98,404
  • 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 Mayfield

Stats & Trends

Median Asking:

$311,000

Sale Price/ft²

$217

Below Asking

0.04%

Average Days on Market

54

Average Home Size

1419 ft²

Average Home Age

87.5 years

Currently For Sale

0 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

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Global MLS

Listed by: Jillian Breck
Coldwell Banker Prime Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202425273
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 6 2nd Avenue built and last sold?
The property at 6 2nd Avenue was built in 1890 and last sold on Aug 15, 2022 for $194,000.
How much is this home worth?
The estimated value of the home located at 6 2nd Avenue is $237,249.
What are some comparable homes to 6 2nd Avenue?
There are currently no comparable homes to 6 2nd Avenue.
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