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Fulton 12010
785 MIDLINE Road
$289,500
● House - Off Market

785 MIDLINE Road

Perth, NY 12010
bedrooms
3 Beds
bathrooms
2 Baths
$326,269
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

BROADALBIN-PERTH SCHOOLS - 7.3 ACRES - ROOM FOR ALL OF YOUR TOYS! This is the income producing 3 bedroom, 2 full bath single family home that fits all of your needs. Not only can you turn this late 1700's historic farmhouse into the HGTV house of your dreams, you can collect rent from the adorable 2br, 1ba apartment/in-law located on the 1st floor of barn. Need storage, you have plenty of it with this massive barn. The big projects are worry free with a 6yo roof, vinyl siding, and replacement windows! You have the opportunity to make this amazing property YOURS! PICTURE IT, Perth, Summer 2021, you sitting on the massive deck overlooking a babbling brook and your beautiful pond, and your above ground pool. This farmhouse could fulfill all of your Pinterest dreams. Offered at $289,900. Custom Kitchen Feature
Unit Size
-
Days on Market
-
Land Size
7.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1789

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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: 3 years ago (Global MLS #202119670)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
May 28, 2021 Listed by Inglenook Realty Inc $289,900
Listed by Inglenook Realty Inc
Apr 24, 1998 Sold
Premium
Sold
Jun 30, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1789
  • Effective Year Built: 1789
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 317,988
  • Lot Size Frontage Feet: 4,587
  • Total Building Area: 1,990
  • Building Area: 1,990
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,990
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000007300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FORECLOSURE OLD PAR=02-01-0181.0000

Neighborhood

  • School District Name: Broadalbin-Perth Central School District
  • School Tax School District: BROADALBIN-PERT
  • Census Tract: 971400

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 173600
  • Section: 179.00
  • Parcel: 173600 179.-2-1.11
  • Block: 2
  • Lot: 1.011
  • Municipality: PERTH
  • Latitude: 43.0083
  • Longitude: -74.1674

    Address

  • Full Address: 785 Midline Rd
  • Address - House Number: 785
  • Address - Street Name: Midline
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Amsterdam
  • Carrier Code: R008
  • 4-Digit Zip Code: 6253
  • Zip Code: 12010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,675
  • Tax Rate Code Area: 172201

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 336,408
  • High Value: 411,689
  • Low Value: 261,127

    Market Valuation

  • Market Total Value: $267,568
  • Market Land Value: $52,703
  • Market Improvement Value: $214,865

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,000
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $79,500

    Sales

  • Current Sale Contract Date: Jul 10, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-70535
  • Previous Sale Recording Date: Apr 24, 1998
  • Previous Sale Contract Date: Apr 16, 1998
  • Previous Sale Amount: $118,000
  • 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 Fulton

Stats & Trends

Median Asking:

$207,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1914 ft²

Average Home Age

88.8 years

Currently For Sale

175 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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Global MLS

Listed by: Michael DiMezza
Inglenook Realty Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202119670
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 785 Midline Road built and last sold?
The property at 785 Midline Road was built in 1789 and last sold on Jul 10, 2021 for $289,500.
How much is this home worth?
The estimated value of the home located at 785 Midline Road is $0.
What are some comparable homes to 785 Midline Road?
There are currently no comparable homes to 785 Midline Road.
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