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Greene 13778
8 Grace Drive
$179,900
● House - Off Market

8 Grace Drive

Greene, NY 13778
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$190,444
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Wow! Amazing Village Home with a Country feel and great layout.  Home features new roof! New baseboard heaters! New remodeled kitchen with brand new stainless applainces! New remodeled Bathroom! Sanded original hardwood floors  and new vinyl floors in the kitchen and bathroom! painted throughout with new lights, fresh driveway, full basement. located Minutes from downtown but on a rural lane. Very inexpensive Municipal Electric. A convenient short drive to I-81. A convenient short drive to Norwich and only a 15 minute drive to Binghamton and all amenities.
Unit Size
1,248 Ft²
Days on Market
169 days
Land Size
0.52 acres
Price per sqft
$144
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1965

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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 (NYSAMLS #OD136095)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Aug 15, 2022 Listed by ListWithFreedom.com $179,900
Listed by ListWithFreedom.com
Aug 6, 2021 No longer available -
No longer available
Jul 27, 2021 Relisted $89,900
Relisted
Jun 29, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Greene Central School District
  • School Tax School District: GREENE
  • Census Tract: 971000

Zoning

  • Zoning: RESID

Geography

  • Account Number: 0611379
  • District: 083001
  • Section: 236.160
  • Parcel: 083001 236.16-1-18
  • Block: 1
  • Lot: 18.000
  • Municipality: GREENE
  • Latitude: 42.3316
  • Longitude: -75.7759

    Address

  • Full Address: 8 Grace Dr
  • Address - House Number: 8
  • Address - Street Name: Grace
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Greene
  • Carrier Code: R001
  • 4-Digit Zip Code: 4144
  • Zip Code: 13778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,741
  • Tax Rate Code Area: 83001

    Appraisal Valuation

  • Standard Deviation: 0.1344
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 138,050
  • High Value: 156,608
  • Low Value: 119,491

    Market Valuation

  • Market Total Value: $173,836
  • Market Land Value: $30,137
  • Market Improvement Value: $143,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,900
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $104,900

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20230-00000146
  • Previous Sale Recording Date: Jun 02, 2021
  • Previous Sale Contract Date: May 05, 2021
  • Previous Sale Amount: $75,000
  • 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 Greene

Stats & Trends

Median Asking:

$189,900

Sale Price/ft²

$117

Below Asking

0.02%

Average Days on Market

93

Average Home Size

1560 ft²

Average Home Age

126 years

Currently For Sale

1 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 34 Water Street, Greene, NY, 13778

$975 /mo

  • 3 Beds
  • 1 Bath
  • 1,520 ft²
34 Water Street, Greene, NY, 13778 Listing by Cary C Turner
Unit for rent at 50 South Chenango, Greene, NY, 13778

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
50 South Chenango, Greene, NY, 13778 Listing by Jimmy A. Jones

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# OD136095

Frequently Asked Questions

When was property at 8 Grace Drive built and last sold?
The property at 8 Grace Drive was built in 1965 and last sold on Jan 6, 2023 for $176,000.
How much is this home worth?
The estimated value of the home located at 8 Grace Drive is $177,477.
What are some comparable homes to 8 Grace Drive?
There are currently no comparable homes to 8 Grace Drive.
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