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Broome 13905
74 Aitchison Road
$280,000
● House - Off Market

74 Aitchison Road

Binghamton, NY 13905
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,269 Ft²
$283,125
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Beautiful 4 bedroom home with in-law apartment in a private wooded setting. Hardwood floors, large foyer, bright interior, brick fireplace, sun room that walks out to patio, in-ground pool, all on a private 2 acre wooded lot. Large windows offer great views of this meticulously cared for property.
Unit Size
2,269 Ft²
Days on Market
100 days
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1960

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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: 4 months ago (GBMLS #320761)

Price History

Date / Event Date Event Price
Jul 11, 2023 Sold
Premium
Sold
Mar 29, 2023 Listed by STRONG REALTY $283,900
Listed by STRONG REALTY
Jun 30, 2010 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 720
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,269
  • Building Area: 2,269
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,269
  • Heating Fuel Type: 6

    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

Neighborhood

  • School District Name: Johnson City Central School District
  • School Tax School District: JOHNSON CITY
  • Census Tract: 012103

Geography

  • Account Number: 24144900000
  • District: 032400
  • Section: 111.09
  • Parcel: 032400 111.09-1-10.11
  • Block: 1
  • Lot: 10.011
  • Municipality: CHENANGO
  • Latitude: 42.1646
  • Longitude: -75.9337

    Address

  • Full Address: 74 Aitchison Rd
  • Address - House Number: 74
  • Address - Street Name: Aitchison
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Binghamton
  • Carrier Code: R005
  • 4-Digit Zip Code: 6047
  • Zip Code: 13905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $971,610
  • Tax Rate Code Area: 34602

    Appraisal Valuation

  • Standard Deviation: 0.2664
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 62
  • Final Value: 312,156
  • High Value: 395,318
  • Low Value: 228,995

    Market Valuation

  • Market Total Value: $319,291
  • Market Land Value: $51,575
  • Market Improvement Value: $267,716

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,200
  • Assessed Land Value: $26,200
  • Assessed Improvements Value: $136,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14686
  • Previous Sale Recording Date: Jun 30, 2010
  • Previous Sale Contract Date: Jun 30, 2010
  • Previous Sale Amount: $175,000
  • Previous 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 Broome

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2700 ft²

Average Home Age

89.8 years

Currently For Sale

760 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

Unit for rent at 28 Prescott Road, Binghamton, NY, 13905

$1,000 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
28 Prescott Road #3A, Binghamton, NY, 13905 Listing by Shannon Hays-Gruss

Rentals Near You

Click here to view more rentals in the neighborhood.
GBMLS

Listed by: Eric C. Strong
STRONG REALTY
Last Updated: 4 months ago
Data Source: GBMLS , MLS# 320761

Frequently Asked Questions

When was property at 74 Aitchison Road built and last sold?
The property at 74 Aitchison Road was built in 1960 and last sold on Jul 6, 2023 for $1,400.
How much is this home worth?
The estimated value of the home located at 74 Aitchison Road is $262,192.
What are some comparable homes to 74 Aitchison Road?
There are currently no comparable homes to 74 Aitchison Road.
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