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Steuben 14873
7448 Kato Lane
$325,000
● House - Off Market

7448 Kato Lane

Prattsburgh, NY 14873
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$382,634
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Very private Log Home! 2-3 bedrooms, Loft, Full walkout basement with a wood burning fireplace and ready to be converted to a Family room/office or additional sleeping space. Home has radiant floor heat propane boiler & a whole house Generator is connected to protect against that occasional outage. Beautiful cover and open decks add to the outdoor living space.  All situated on 49 acres w/woods, trails, open field & 2+ ponds! Included is a concrete floor 30' x 40' 3+ car garage, a "guest cabin" tucked in the woods and many trails, wildlife and opportunity to build memories! Hunt, hike and enjoy this retreat in the heart of the Finger Lakes wine country Come and enjoy all the outdoor living space and nature at its best at Kato Lane's peaceful setting.
Unit Size
1,200 Ft²
Days on Market
70 days
Land Size
49.29 acres
Price per sqft
$312
Property Type
House
Property Taxes
$503
HOA Dues
-
Year Built
1980

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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 (NYSAMLS #R1404807)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
May 13, 2022 Listed by Keller Williams Realty Gateway $374,000
Listed by Keller Williams Realty Gateway
Dec 15, 2015 Sold
Premium
Sold
Oct 6, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1,200
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,147,072
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000049290
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: CO 3/25/04

Neighborhood

  • School District Name: Prattsburgh Central School District
  • School Tax School District: PRATTSBURGH
  • Census Tract: 960200

Geography

  • Account Number: 0003821-550
  • District: 466000
  • Section: 48.00
  • Parcel: 466000 048.00-01-041.000
  • Block: 1
  • Lot: 41.000
  • Municipality: PRATTSBURG
  • Latitude: 42.5189
  • Longitude: -77.2665

    Address

  • Full Address: 7448 Kato Ln
  • Address - House Number: 7448
  • Address - Street Name: Kato
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Prattsburgh
  • Carrier Code: R001
  • 4-Digit Zip Code: 9716
  • Zip Code: 14873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591,660
  • Tax Rate Code Area: 466001

    Appraisal Valuation

  • Standard Deviation: 0.1194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 234,183
  • High Value: 262,160
  • Low Value: 206,205

    Market Valuation

  • Market Total Value: $238,636
  • Market Land Value: $88,750
  • Market Improvement Value: $149,886

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,000
  • Assessed Land Value: $78,100
  • Assessed Improvements Value: $131,900

    Sales

  • Current Sale Contract Date: Jul 22, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 15, 2015
  • Previous Sale Contract Date: Dec 14, 2015
  • Previous Sale Amount: $200,000
  • 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 Steuben

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$113

Below Asking

0.02%

Average Days on Market

79

Average Home Size

7359 ft²

Average Home Age

91.4 years

Currently For Sale

276 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: 4 months ago
Data Source: NYSAMLSs, MLS# R1404807

Frequently Asked Questions

When was property at 7448 Kato Lane built and last sold?
The property at 7448 Kato Lane was built in 1980 and last sold on Jul 22, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 7448 Kato Lane is $366,679.
What are some comparable homes to 7448 Kato Lane?
There are currently no comparable homes to 7448 Kato Lane.
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