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Steuben 14840
9442 Alderman Road
$53,500
● Land - Off Market

9442 Alderman Road

Wayne, NY 14840
bedrooms
Studio
bathrooms
0 Bath
$87,903
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Wonderful getaway, hunting camp or  build your dream home here.  Eleven acres mostly wooded with  cozy shed surrounded by lawn.  Shower shed and outhouse for rustic living.  Stone pad and electric hook-up for RV if you need more convenience. 200 amp electric service at the pole.  Trails and tree stand for hunting.  Woods has not been logged recently and has oaks and hickory trees primarily.   Custom faux wood fireplace and cupboards with handmade antler knobs in main shed.  Some furnishings stay and some are negotiable.  Two extra sheds for storage.  This well-maintained property  is ready for your vacations - or use the mature pines from your land to build a log home.  Keuka Lake is just down the hill  with wineries and parks for your enjoyment. Less than 20 miles from Watkins Glen.
Unit Size
-
Days on Market
41 days
Land Size
11.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$51
HOA Dues
-
Year Built
2022

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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: 7 months ago (NYSAMLS #R1200136)

Price History

Date / Event Date Event Price
Jul 22, 2019 Sold
Premium
Sold
Jun 8, 2019 Listed by Coldwell Banker Finger Lakes $59,900
Listed by Coldwell Banker Finger Lakes
Apr 8, 2019 No longer available -
No longer available
Mar 22, 2019 Relisted $63,500
Relisted
Mar 21, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 2
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 493,099
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000011320
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 11.325 AC

Neighborhood

  • School District Name: Hammondsport Central School District
  • School Tax School District: HAMMONDSPORT
  • Census Tract: 961500

Zoning

  • Zoning: HC1

Geography

  • Account Number: AR070
  • District: 467600
  • Section: 91.00
  • Parcel: 467600 091.00-01-005.200
  • Block: 1
  • Lot: 5.200
  • Municipality: WAYNE
  • Latitude: 42.4559
  • Longitude: -77.1494

    Address

  • Full Address: 9442 Alderman Rd
  • Address - House Number: 9442
  • Address - Street Name: Alderman
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Hammondsport
  • Carrier Code: R001
  • 4-Digit Zip Code: 9779
  • Zip Code: 14840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,370
  • Tax Rate Code Area: 467201

    Appraisal Valuation

  • Standard Deviation: 0.1194
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 77,413
  • High Value: 86,661
  • Low Value: 68,164

    Market Valuation

  • Market Total Value: $120,652
  • Market Land Value: $36,522
  • Market Improvement Value: $84,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,000
  • Assessed Land Value: $33,600
  • Assessed Improvements Value: $77,400

    Sales

  • Current Sale Contract Date: Jul 16, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 10, 2014
  • Previous Sale Contract Date: Oct 08, 2014
  • Previous Sale Amount: $32,000
  • 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:

$190,000

Sale Price/ft²

$116

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2088 ft²

Average Home Age

95.1 years

Currently For Sale

217 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

Rentals Near You

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NYSAMLS

Last Updated: 7 months ago
Data Source: NYSAMLSs, MLS# R1200136

Frequently Asked Questions

When was property at 9442 Alderman Road built and last sold?
The property at 9442 Alderman Road was built in 2022 and last sold on Jul 16, 2019 for $53,500.
How much is this home worth?
The estimated value of the home located at 9442 Alderman Road is $60,499.
What are some comparable homes to 9442 Alderman Road?
There are currently no comparable homes to 9442 Alderman Road.
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