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Tioga 13811
722 Blewer Rd
$97,500
● House - Off Market

722 Blewer Rd

Out of Area, NY 13811
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$152,232
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Opportunity knocks! This home is need of renovation but has great potential. Beautiful area that offers privacy but not too far from it all. Two lots are included for a total of almost 2 acres. House has a metal roof and has many unfinished projects - ready for you to complete to your desire. Home boasts a brand new HUGE, metal barn (45' x 60'). Barn can hold all of your toys and much more. Home also has a very large partially finished sun porch. If you have skills and imagination this might be your opportunity! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,100 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$95
Property Type
House
Property Taxes
$107
HOA Dues
-
Year Built
1970

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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 (OneKey MLS #KEYH4917528)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Nov 25, 2019 Sold
Premium
Sold
Aug 30, 2019 No longer available -
No longer available
Aug 27, 2019 In contract -
In contract
Jul 26, 2019 Price Increased $600,000
↑ $496K (476.9%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,320
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,465
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Newark Valley Central School District
  • School Tax School District: NEWARK VALLEY
  • Census Tract: 020102

Zoning

  • Zoning: ZONE

Geography

  • Account Number: 00000000949
  • District: 492689
  • Section: 74.00
  • Parcel: 492689 74.00-2-5
  • Block: 2
  • Lot: 5.000
  • Municipality: NEWARK VALLEY (TOV)
  • Latitude: 42.2068
  • Longitude: -76.2353

    Address

  • Full Address: 722 Blewer Rd
  • Address - House Number: 722
  • Address - Street Name: Blewer
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Newark Valley
  • Carrier Code: R002
  • 4-Digit Zip Code: 3314
  • Zip Code: 13811

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $173,904
  • Tax Rate Code Area: 492602

    Appraisal Valuation

  • Standard Deviation: 0.2634
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 334,948
  • High Value: 423,195
  • Low Value: 246,700

    Market Valuation

  • Market Total Value: $65,714
  • Market Land Value: $5,306
  • Market Improvement Value: $60,408

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,200
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $29,600

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20230-00004597
  • Previous Sale Recording Date: Nov 22, 2019
  • Previous Sale Contract Date: Nov 22, 2019
  • Previous Sale Amount: $100,940
  • Previous Sale Document Type: 71
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 Tioga

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$123

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2789 ft²

Average Home Age

89.7 years

Currently For Sale

118 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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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 722 Blewer Road built and last sold?
The property at 722 Blewer Road was built in 1970 and last sold on Nov 15, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 722 Blewer Road is $584,582.
What are some comparable homes to 722 Blewer Road?
There are currently no comparable homes to 722 Blewer Road.
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