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Steuben 14810
8825 State Route 53
$30,000
● House - Off Market

8825 State Route 53

Wheeler, NY 14810
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,536 Ft²
$68,304
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Alot of the hard work has been done to restore this home! Rooms mostly stripped and ready to paint/wallpaper. Needs new carpet/tile - old torn out and disposed of. Huge kitchen/dining room - cabinets out and disposed of - ready for your own floor plan. Two triple wall chimneys - livingroom and patio. Following items 2 years old/still like new: well pump, gas boiler, 30 gal hot water tank, 200amp breaker box, thermo windows, new plumbing. Seller leaving couple baseboard heaters not installed, fan lights, sliding glass door and some miscellaneous lumber. Nice large lot.
Unit Size
1,536 Ft²
Days on Market
183 days
Land Size
1.09 acres
Price per sqft
$25
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1956

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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: 6 months ago (NYSAMLS #EC240046)

Price History

Date / Event Date Event Price
Nov 4, 2015 Sold
Premium
Sold
May 5, 2015 Listed by Keuka Lake & Land Realty Bath $38,500
Listed by Keuka Lake & Land Realty Bath
Apr 25, 2013 Sold
Premium
Sold
Jan 21, 2013 Listed by Keuka Lake & Land Realty Bath $32,000
Listed by Keuka Lake & Land Realty Bath

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,480
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001090
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HWY, LYNK HWY, TOWNER 1.9 A

Neighborhood

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

Geography

  • Account Number: 0003019-200
  • District: 468000
  • Section: 101.08
  • Parcel: 468000 101.08-01-030.000
  • Block: 1
  • Lot: 30.000
  • Municipality: WHEELER
  • Latitude: 42.4295
  • Longitude: -77.3333

    Address

  • Full Address: 8825 State Route 53
  • Address - House Number: 8825
  • Address - Street Name: State Route 53
  • State: NY
  • City Name: Bath
  • Carrier Code: R002
  • 4-Digit Zip Code: 8012
  • Zip Code: 14810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $134,186
  • Tax Rate Code Area: 466001

    Appraisal Valuation

  • Standard Deviation: 0.1194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 72,338
  • High Value: 80,980
  • Low Value: 63,695

    Market Valuation

  • Market Total Value: $52,209
  • Market Land Value: $16,512
  • Market Improvement Value: $35,697

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,900
  • Assessed Land Value: $14,200
  • Assessed Improvements Value: $30,700

    Sales

  • Current Sale Contract Date: Nov 04, 2015
  • Current Sale Recording Date: Nov 04, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 25, 2013
  • Previous Sale Contract Date: Feb 21, 2013
  • Previous Sale Amount: $25,000
  • 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:

$194,250

Sale Price/ft²

$116

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2085 ft²

Average Home Age

93.2 years

Currently For Sale

218 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: 6 months ago
Data Source: NYSAMLSs, MLS# EC240046

Frequently Asked Questions

When was property at 8825 State Route 53 built and last sold?
The property at 8825 State Route 53 was built in 1956 and last sold on Nov 4, 2015 for $30,000.
How much is this home worth?
The estimated value of the home located at 8825 State Route 53 is $45,060.
What are some comparable homes to 8825 State Route 53?
There are currently no comparable homes to 8825 State Route 53.
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