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Delaware 13783
7387 County Highway 67
$150,000
● House - Off Market

7387 County Highway 67

Tompkins, NY 13783
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,002 Ft²
$169,377
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

If an idyllic life in the country appeals to you, and you've often thought about owning your own gentleman's farm, this property might just be the one for you! This country farmhouse, with beautiful, rolling 10.61 acres of pristine land, has great potential but it needs you to bring her back to her full glory. Bring your vision, your HGTV decor ideas, hammer, ladder, and tool belt and make her your own. The home has a newer metal roof, two large outdoor sheds, and sits just two miles away from fishing or hunting at the Cannonsville Reservoir area. The home boasts four bedrooms and there's ample space on the upper level to add a second bathroom. The possibilities are limited only by your imagination. Sale includes two lots: 369.-1-8 AND 369.-1-4.21
Unit Size
2,002 Ft²
Days on Market
-
Land Size
10.61 acres
Price per sqft
$80
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1930

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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 (OneKey MLS #KEYH6196752)

Price History

Date / Event Date Event Price
Jan 6, 2023 Sold
Premium
Sold
Jul 5, 2022 Listed by Keller Williams Upstate NYProp $180,000
Listed by Keller Williams Upstate NYProp
Aug 16, 2022 In contract -
In contract
Jul 21, 2022 Price Decreased $160,000
↓ $20K (11.1%)
Price Decreased

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 175
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,002
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: GL 35 DIV 4 LOT 4

Neighborhood

  • School District Name: Hancock Central School District
  • School Tax School District: HANCOCK
  • Census Tract: 970501

Geography

  • Account Number: 08600299011
  • District: 125400
  • Section: 369.00
  • Parcel: 125400 369.-1-8
  • Block: 1
  • Lot: 8.000
  • Municipality: TOMPKINS
  • Latitude: 42.056
  • Longitude: -75.3033

    Address

  • Full Address: 7387 County Highway 67
  • Address - House Number: 7387
  • Address - Street Name: County Highway 67
  • State: NY
  • City Name: Hancock
  • Carrier Code: H063
  • 4-Digit Zip Code: 3319
  • Zip Code: 13783

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $97,343
  • Tax Rate Code Area: 123606

    Appraisal Valuation

  • Standard Deviation: 0.1211
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 86
  • Final Value: 155,109
  • High Value: 173,901
  • Low Value: 136,317

    Market Valuation

  • Market Total Value: $25,000
  • Market Land Value: $1,667
  • Market Improvement Value: $23,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,500
  • Assessed Land Value: $100
  • Assessed Improvements Value: $1,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 313
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 Delaware

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$181

Below Asking

0.03%

Average Days on Market

101

Average Home Size

2137 ft²

Average Home Age

82.7 years

Currently For Sale

244 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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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7387 County Rd 67 built and last sold?
The property at 7387 County Rd 67 was built in 1930 and last sold on Jan 6, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 7387 County Rd 67 is $173,452.
What are some comparable homes to 7387 County Rd 67?
There are currently no comparable homes to 7387 County Rd 67.
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