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Chautauqua 14063
8 Marthas Vineyard Drive
$330,000
● House - Off Market

8 Marthas Vineyard Drive

Pomfret, NY 14063
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,292 Ft²
$2,347
Est. Monthly

About This Property

Martha's Vineyard Drive, Town of Pomfret, no Village Tax! 4BR/2.5 Bath home w lovely cherry wood floors, freshly painted first level! Updated kitchen & bathrooms! Kitchen open to the den with fireplace! Formal living and dining rooms! Large primary bedroom en suite with double closets, plus, 3 more spacious bedrooms!  Full walk up attic with potential for more living area! Full basement, partially finished into a rec-room! Back deck and two-car garage! Lovely neighborhood!
Unit Size
2,292 Ft²
Days on Market
87 days
Land Size
0.36 acres
Price per sqft
$146
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1990

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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: 5 months ago (NYSAMLS #R1514416)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold
Premium
Sold
Jan 4, 2024 In contract -
In contract
Dec 26, 2023 Listed by Howard Hanna Holt - Fredonia $334,900
Listed by Howard Hanna Holt - Fredonia
Feb 10, 2020 Sold
Premium
Sold
Sep 23, 2019 Listed by Howard Hanna Holt - Fredonia $265,000
Listed by Howard Hanna Holt - Fredonia

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 4
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,807
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 958
  • Total Building Area: 2,292
  • Building Area: 2,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,292
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000362
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: OLD APN: 065889 2-1-68.3.2

Neighborhood

  • School District Name: Fredonia Central School District
  • School Tax School District: FREDONIA
  • Census Tract: 035901

Geography

  • District: 065889
  • Section: 112.20
  • Parcel: 065889 112.20-1-32
  • Block: 1
  • Lot: 32.000
  • Municipality: POMFRET (TOV)
  • Latitude: 42.4339
  • Longitude: -79.3549

    Address

  • Full Address: 8 Marthas Vineyard Dr
  • Address - House Number: 8
  • Address - Street Name: Marthas Vineyard
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Fredonia
  • Carrier Code: C008
  • 4-Digit Zip Code: 2401
  • Zip Code: 14063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $826,397
  • Tax Rate Code Area: 065801

    Appraisal Valuation

  • Standard Deviation: 0.1311
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 85
  • Final Value: 351,608
  • High Value: 397,727
  • Low Value: 305,489

    Market Valuation

  • Market Total Value: $328,846
  • Market Land Value: $42,385
  • Market Improvement Value: $286,461

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,750
  • Assessed Land Value: $5,510
  • Assessed Improvements Value: $37,240

    Sales

  • Current Sale Contract Date: Mar 13, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2582
  • Previous Sale Recording Date: Mar 22, 2024
  • Previous Sale Contract Date: Feb 23, 2024
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 71
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 Chautauqua

Stats & Trends

Median Asking:

$174,950

Sale Price/ft²

$116

Below Asking

0.03%

Average Days on Market

85

Average Home Size

2328 ft²

Average Home Age

91.6 years

Currently For Sale

428 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 36 West Main Street, Clifton Springs, NY, 14432

$1,200 /mo

  • 1 Bed
  • 1 Bath
  • 2,832 ft²
36 West Main Street, Clifton Springs, NY, 14432 Listing by David W. Young

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# R1514416

Frequently Asked Questions

When was property at 8 Marthas Vineyard Drive built and last sold?
The property at 8 Marthas Vineyard Drive was built in 1990 and last sold on Mar 13, 2024 for $330,000.
How much is this home worth?
The estimated value of the home located at 8 Marthas Vineyard Drive is $328,911.
What are some comparable homes to 8 Marthas Vineyard Drive?
There are currently no comparable homes to 8 Marthas Vineyard Drive.
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