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Norwich 13815
89 Mitchell Street
$81,000
● House - Off Market

89 Mitchell Street

Norwich-McKean, NY 13815
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,370 Ft²
$158,052
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Set up to be 2 family but can easily be a one. Extra large city lot
Unit Size
2,370 Ft²
Days on Market
149 days
Land Size
0.54 acres
Price per sqft
$38
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1910

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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 #OD98377)

Price History

Date / Event Date Event Price
Jul 20, 2015 Sold
Premium
Sold
Feb 10, 2015 Listed by Howard Hanna $89,000
Listed by Howard Hanna
Mar 6, 2006 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,217
  • Building Area: 2,217
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,217
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Norwich City School District
  • School Tax School District: NORWICH
  • Census Tract: 970400

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 0651175
  • District: 081100
  • Section: 136.420
  • Parcel: 081100 136.42-1-19
  • Block: 1
  • Lot: 19.000
  • Municipality: NORWICH
  • Latitude: 42.535
  • Longitude: -75.5146

    Address

  • Full Address: 89 Mitchell St
  • Address - House Number: 89
  • Address - Street Name: Mitchell
  • Address - Suffix Type: St
  • State: NY
  • City Name: Norwich
  • Carrier Code: C002
  • 4-Digit Zip Code: 1541
  • Zip Code: 13815

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $354,845
  • Tax Rate Code Area: 081100

    Appraisal Valuation

  • Standard Deviation: 0.1344
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 73
  • Final Value: 107,748
  • High Value: 122,235
  • Low Value: 93,260

    Market Valuation

  • Market Total Value: $90,784
  • Market Land Value: $11,961
  • Market Improvement Value: $78,823

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,300
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $40,200

    Sales

  • Current Sale Contract Date: Jul 08, 2015
  • Current Sale Recording Date: Jul 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 06, 2006
  • Previous Sale Contract Date: Mar 06, 2006
  • Previous Sale Amount: $88,000
  • 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 Norwich

Stats & Trends

Median Asking:

$150,000

Sale Price/ft²

$87

Below Asking

0.01%

Average Days on Market

81

Average Home Size

5278 ft²

Average Home Age

125.7 years

Currently For Sale

28 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 Hayes Street, Norwich, NY, 13815

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 700 ft²
36 Hayes Street, Norwich, NY, 13815 Listing by Dixie Cooper

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# OD98377

Frequently Asked Questions

When was property at 89 Mitchell Street built and last sold?
The property at 89 Mitchell Street was built in 1910 and last sold on Jul 8, 2015 for $81,000.
How much is this home worth?
The estimated value of the home located at 89 Mitchell Street is $94,302.
What are some comparable homes to 89 Mitchell Street?
There are currently no comparable homes to 89 Mitchell Street.
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