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Hammondsport 14840
7 Myrtle Avenue
$67,500
● House - Off Market

7 Myrtle Avenue

Urbana, NY 14840
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,622 Ft²
$149,108
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

A perfect home for a first time home buyer or a second home.  This home is walking distance to down town Keuka lake and the beach.  This home features a large back yard for family gatherings or for kids to play. Walking distance to Hammondsport school and all that is offered for the Coolest Small Town in America.  The boat launch is a short drive away as are Seneca, Waneta and Lamoka lake's.  Hundreds of acres of state land for hunting and fishing are close by as are award winning wineries.  Home is priced at $76,500!  Motivated sellers! $500 buyers agent bonus offered.
Unit Size
1,622 Ft²
Days on Market
70 days
Land Size
0.17 acres
Price per sqft
$47
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1900

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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 #EC232333)

Price History

Date / Event Date Event Price
Jul 1, 2013 Sold
Premium
Sold
Apr 29, 2013 Listed by Svr Realty, Llc. $76,500
Listed by Svr Realty, Llc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • 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: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,622
  • Building Area: 1,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,622
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Hammondsport Central School District
  • School Tax School District: HAMMONDSPORT
  • Census Tract: 961400

Zoning

  • Zoning: MDR

Geography

  • Account Number: 0006912-000
  • District: 467201
  • Section: 118.09
  • Parcel: 467201 118.09-02-053.000
  • Block: 2
  • Lot: 53.000
  • Municipality: HAMMONDSPORT
  • Latitude: 42.4061
  • Longitude: -77.2244

    Address

  • Full Address: 7 Myrtle Ave
  • Address - House Number: 7
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Hammondsport
  • Carrier Code: R003
  • 4-Digit Zip Code: 9366
  • Zip Code: 14840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $171,571
  • Tax Rate Code Area: 467201

    Appraisal Valuation

  • Standard Deviation: 0.1194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 209,733
  • High Value: 234,789
  • Low Value: 184,676

    Market Valuation

  • Market Total Value: $97,590
  • Market Land Value: $19,157
  • Market Improvement Value: $78,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,000
  • Assessed Land Value: $15,900
  • Assessed Improvements Value: $65,100

    Sales

  • Current Sale Contract Date: Jul 01, 2013
  • Current Sale Recording Date: Jul 01, 2013
  • 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 Hammondsport

Stats & Trends

Median Asking:

$406,950

Sale Price/ft²

$176

Below Asking

0.05%

Average Days on Market

94

Average Home Size

3862 ft²

Average Home Age

108.3 years

Currently For Sale

3 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: 5 months ago
Data Source: NYSAMLSs, MLS# EC232333

Frequently Asked Questions

When was property at 7 Myrtle Avenue built and last sold?
The property at 7 Myrtle Avenue was built in 1900 and last sold on Jul 1, 2013 for $69,500.
How much is this home worth?
The estimated value of the home located at 7 Myrtle Avenue is $97,348.
What are some comparable homes to 7 Myrtle Avenue?
There are currently no comparable homes to 7 Myrtle Avenue.
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