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Otsego
6228 State Highway 28
$145,000
● House - Off Market

6228 State Highway 28

Otsego, NY 13337
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$156,020
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This is a super cute starter home.  On the main route of State Route 28 in the center of the beautiful littletown of Fly Creek. This house is in walking distance to the general store and post office and is also on the bus route. House is being sold "AS IS".
Unit Size
1,152 Ft²
Days on Market
84 days
Land Size
0.48 acres
Price per sqft
$132
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1900

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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 #OD134656)

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold
Premium
Sold
Apr 28, 2022 Listed by Keller Williams Upstate NY Properties $152,500
Listed by Keller Williams Upstate NY Properties
Jun 4, 1999 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Cooperstown Central School District
  • School Tax School District: COOPERSTOWN
  • Census Tract: 590202

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 015500
  • District: 365089
  • Section: 114.05
  • Parcel: 365089 114.05-1-10.00
  • Block: 1
  • Lot: 10.000
  • Municipality: OTSEGO (TOV)
  • Latitude: 42.7189
  • Longitude: -74.9848

    Address

  • Full Address: 6228 State Highway 28
  • Address - House Number: 6228
  • Address - Street Name: State Highway 28
  • State: NY
  • City Name: Fly Creek
  • Carrier Code: R777
  • 4-Digit Zip Code: 7704
  • Zip Code: 13337

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 365001

    Appraisal Valuation

  • Standard Deviation: 0.1263
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 203,876
  • High Value: 229,640
  • Low Value: 178,111

    Market Valuation

  • Market Total Value: $151,220
  • Market Land Value: $54,390
  • Market Improvement Value: $96,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,000
  • Assessed Land Value: $44,600
  • Assessed Improvements Value: $79,400

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-4227
  • Previous Sale Recording Date: Jun 04, 1999
  • Previous Sale Contract Date: May 27, 1999
  • Previous Sale Amount: $35,053
  • 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 Otsego

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$152

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2350 ft²

Average Home Age

97 years

Currently For Sale

224 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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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# OD134656

Frequently Asked Questions

When was property at 6228 State Rte 28 built and last sold?
The property at 6228 State Rte 28 was built in 1900 and last sold on Jul 20, 2022 for $145,000.
How much is this home worth?
The estimated value of the home located at 6228 State Rte 28 is $154,124.
What are some comparable homes to 6228 State Rte 28?
There are currently no comparable homes to 6228 State Rte 28.
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