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Olean 14760
699 Main Street
$250,000
● House - Off Market

699 Main Street

Olean-City, NY 14760
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,304 Ft²
$1,923
Est. Monthly
4.50%
Cap Rate

About This Property

Check out this rare Main Street Property . This 1925 three bedroom home is situated on over an acre and a half of park like setting . Outstanding features throughout  beautiful natural woodwork, hardwood floors ,  french doors with beveled glass  3 fireplace. Home has two full baths, dining room , family room perfect for your family gatherings.  make an appointment  to view this great property.  Delayed negotiations till March 24 at 5. 675-R Main St tax map 94.041-5-29 is included in the sale of this property.
Unit Size
2,304 Ft²
Days on Market
95 days
Land Size
0.50 acres
Price per sqft
$104
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
1925

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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: 2 years ago (NYSAMLS #R1593686)

Price History

Date / Event Date Event Price
Jun 23, 2025 Sold
Premium
Sold
Mar 29, 2025 In contract -
In contract
Mar 20, 2025 Listed by Howard Hanna Professionals $239,000
Listed by Howard Hanna Professionals

Property Highlights

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,565
  • Lot Size Depth Feet: 2,270
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000495
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Olean City School District
  • School Tax School District: OLEAN CITY
  • Census Tract: 961500

Zoning

  • Zoning: R2

Geography

  • Account Number: 032970
  • District: 041200
  • Section: 94.41
  • Parcel: 041200 94.041-5-27
  • Block: 5
  • Lot: 27.000
  • Municipality: OLEAN
  • Latitude: 42.0944
  • Longitude: -78.4251

    Address

  • Full Address: 699 Main St
  • Address - House Number: 699
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NY
  • City Name: Olean
  • Carrier Code: C014
  • 4-Digit Zip Code: 1552
  • Zip Code: 14760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $336,955
  • Tax Rate Code Area: 041200

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 176,020
  • High Value: 203,238
  • Low Value: 148,801

    Market Valuation

  • Market Total Value: $215,385
  • Market Land Value: $31,923
  • Market Improvement Value: $183,462

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,000
  • Assessed Land Value: $24,900
  • Assessed Improvements Value: $143,100

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Olean

Stats & Trends

Median Asking:

$139,900

Sale Price/ft²

$85

Below Asking

0.05%

Average Days on Market

83

Average Home Size

1737 ft²

Average Home Age

113.7 years

Currently For Sale

64 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: 2 years ago
Data Source: NYSAMLSs, MLS# R1593686

Frequently Asked Questions

When was property at 699 Main Street built and last sold?
The property at 699 Main Street was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 699 Main Street is $0.
What are some comparable homes to 699 Main Street?
There are currently no comparable homes to 699 Main Street.
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