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Wayne 14489
9284 Old Route 31
$125,000
● House - Off Market

9284 Old Route 31

Galen, NY 14489
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,604 Ft²
$838
Est. Monthly

About This Property

4 bedroom updated home with first floor bed and bath. Second floor primary bedroom has walkout balcony. Central AC, garage with full walkup loft area.
Unit Size
1,604 Ft²
Days on Market
147 days
Land Size
0.22 acres
Price per sqft
$81
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1880

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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 #R1543076)

Price History

Date / Event Date Event Price
Oct 28, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Aug 15, 2024 Relisted $129,900
Relisted
Jun 7, 2024 In contract -
In contract
Jun 3, 2024 Listed by Towpath Homes $129,900
Listed by Towpath Homes
4 bedroom updated home with first floor bed and bath. Second floor primary bedroom has walkout balcony. Central AC, garage with full walkup loft area.
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,604
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 40112-18-409178

Neighborhood

  • School District Name: Clyde-Savannah Central School District
  • School Tax School District: CLYDE-SAVANNAH
  • Census Tract: 021700

Geography

  • Account Number: 1562-00
  • District: 542489
  • Section: 72.112
  • Parcel: 542489 72112-18-440182
  • Block: 18
  • Lot: 440.182
  • Municipality: GALEN (TOV)
  • Latitude: 43.0784
  • Longitude: -76.942

    Address

  • Full Address: 9284 Old State Route 31
  • Address - House Number: 9284
  • Address - Street Name: Old State Route 31
  • State: NY
  • City Name: Lyons
  • Carrier Code: R002
  • 4-Digit Zip Code: 9313
  • Zip Code: 14489

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 542401

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 56
  • Final Value: 30,000
  • High Value: 38,979
  • Low Value: 21,020

    Market Valuation

  • Market Total Value: $90,357
  • Market Land Value: $6,310
  • Market Improvement Value: $84,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,900
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $70,600

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R9331436
  • Previous Sale Recording Date: Dec 26, 2023
  • Previous Sale Contract Date: Dec 22, 2023
  • Previous Sale Amount: $30,000
  • 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 Wayne

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$138

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2281 ft²

Average Home Age

86 years

Currently For Sale

179 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: 5 months ago
Data Source: NYSAMLSs, MLS# R1543076

Frequently Asked Questions

When was property at 9284 Old Route 31 West built and last sold?
The property at 9284 Old Route 31 West was built in 1880 and last sold on Dec 22, 2023 for $30,000.
How much is this home worth?
The estimated value of the home located at 9284 Old Route 31 West is $135,665.
What are some comparable homes to 9284 Old Route 31 West?
There are currently no comparable homes to 9284 Old Route 31 West.
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