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Sherburne 13460
8 School Street
$79,300
● House - Off Market

8 School Street

Sherburne, NY 13460
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,302 Ft²
$96,333
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Includes neighboring vacant 0.34 acre parcel 085603--. Lot size, taxes and assessed value includes both parcels. Kitchen stove does not convey. House being sold as-is including all contents. Possible first floor bedroom.
Unit Size
1,302 Ft²
Days on Market
110 days
Land Size
0.54 acres
Price per sqft
$70
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1850

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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 #S1431467)

Price History

Date / Event Date Event Price
Jan 20, 2023 Sold
Premium
Sold
Nov 1, 2022 In contract -
In contract
Oct 1, 2022 Listed by Hamilton Village R.E., LLC $91,000
Listed by Hamilton Village R.E., LLC
Oct 21, 2016 Sold
Premium
Sold
Dec 23, 2002 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,302
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Sherburne-Earlville Central School District
  • School Tax School District: SHERBURNE-EARLY
  • Census Tract: 970102

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 1910005
  • District: 085603
  • Section: 44.120
  • Parcel: 085603 44.12-3-7
  • Block: 3
  • Lot: 7.000
  • Municipality: SHERBURNE
  • Latitude: 42.6883
  • Longitude: -75.5014

    Address

  • Full Address: 8 School St
  • Address - House Number: 8
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: NY
  • City Name: Sherburne
  • Carrier Code: R003
  • 4-Digit Zip Code: 9501
  • Zip Code: 13460

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $267,382
  • Tax Rate Code Area: 85601

    Appraisal Valuation

  • Standard Deviation: 0.1116
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 100,976
  • High Value: 112,249
  • Low Value: 89,702

    Market Valuation

  • Market Total Value: $91,439
  • Market Land Value: $9,107
  • Market Improvement Value: $82,332

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,200
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $45,200

    Sales

  • Current Sale Contract Date: Jan 19, 2023
  • Current Sale Recording Date: Jan 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20230-00000072
  • Previous Sale Recording Date: Oct 21, 2016
  • Previous Sale Contract Date: Oct 20, 2016
  • Previous Sale Amount: $47,500
  • 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 Sherburne

Stats & Trends

Median Asking:

$187,250

Sale Price/ft²

$122

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1470 ft²

Average Home Age

136 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

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NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# S1431467

Frequently Asked Questions

When was property at 8 School Street built and last sold?
The property at 8 School Street was built in 1850 and last sold on Jan 19, 2023 for $79,300.
How much is this home worth?
The estimated value of the home located at 8 School Street is $91,094.
What are some comparable homes to 8 School Street?
There are currently no comparable homes to 8 School Street.
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