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Seneca 13165
651 Packwood Road
$205,000
● House - Off Market

651 Packwood Road

Waterloo, NY 13165
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,998 Ft²
$293,353
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Come to this well-cared for home to relax and enjoy country living.  Many updates including newer kitchen and pole barn.  Hardwood floors upstairs and down. Go out your backdoor to the insulated Florida room and then out to a deck , hot tub and above ground pool.  The 30' x 42' pole barn was built specifically for RV storage so there is plenty of room for all your toys. Laundry can be moved back to the basement if you need 2 first floor bedrooms.  There is room for another bedroom upstairs for a possible total of 5 bedrooms.  Central air and pellet stove add to your comfort.  Have your own campsite in the small woods at the back of the property.
Unit Size
1,998 Ft²
Days on Market
48 days
Land Size
2.40 acres
Price per sqft
$100
Property Type
House
Property Taxes
$406
HOA Dues
-
Year Built
1935

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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 #R1194378)

Price History

Date / Event Date Event Price
Jul 8, 2019 Sold
Premium
Sold
May 16, 2019 Listed by Coldwell Banker Finger Lakes $199,900
Listed by Coldwell Banker Finger Lakes

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 107,593
  • Lot Size Depth Feet: 7,720
  • Lot Size Frontage Feet: 1,460
  • Total Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002470
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MB71-318

Neighborhood

  • School District Name: Waterloo Central School District
  • School Tax School District: WATERLOO
  • Census Tract: 950600

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 453889
  • Section: 20.00
  • Parcel: 453889 20-1-64
  • Block: 1
  • Lot: 64.000
  • Municipality: WATERLOO (TOV)
  • Latitude: 42.8947
  • Longitude: -76.9217

    Address

  • Full Address: 651 Packwood Rd
  • Address - House Number: 651
  • Address - Street Name: Packwood
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Waterloo
  • Carrier Code: R001
  • 4-Digit Zip Code: 9722
  • Zip Code: 13165

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $529,512
  • Tax Rate Code Area: 453801

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 323,789
  • High Value: 421,939
  • Low Value: 225,638

    Market Valuation

  • Market Total Value: $237,606
  • Market Land Value: $34,930
  • Market Improvement Value: $202,676

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,700
  • Assessed Land Value: $24,800
  • Assessed Improvements Value: $143,900

    Sales

  • Current Sale Recording Date: Jul 08, 2019
  • Current Sale Price:
    Premium
  • Current 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 Seneca

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$136

Below Asking

0.01%

Average Days on Market

71

Average Home Size

2185 ft²

Average Home Age

102 years

Currently For Sale

70 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# R1194378

Frequently Asked Questions

When was property at 651 Packwood Road built and last sold?
The property at 651 Packwood Road was built in 1935 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 651 Packwood Road is $208,067.
What are some comparable homes to 651 Packwood Road?
There are currently no comparable homes to 651 Packwood Road.
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