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Onondaga
970 Morgan Road
$135,000
● House - Off Market

970 Morgan Road

Lysander, NY 13112
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,396 Ft²
$128,195
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Affordable waterfront property being sold "AS IS CONDITION" offers a double lot with 100 ft of water frontage. This is a nice location on the Seneca River, the water is deep and allows you quick access to Cross Lake and the NYS Canal system. The home is in need of rehab and offers 4 bedrooms, 1 bath and the contents remain with the house. There is public water and a septic system. This is a great opportunity for a summer camp, or an investment property, or use it to enjoy excellent fishing and boating experiences on the river and the lake. ALL OFFERS ARE DUE BY 7/29 AT 12PM
Unit Size
1,396 Ft²
Days on Market
64 days
Land Size
0.67 acres
Price per sqft
$92
Property Type
House
Property Taxes
$304
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 #S1486957)

Price History

Date / Event Date Event Price
Oct 3, 2023 Sold
Premium
Sold
Jul 30, 2023 In contract -
In contract
Jul 26, 2023 Listed by Howard Hanna Real Estate $129,000
Listed by Howard Hanna Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 14,480
  • Lot Size Depth Feet: 3,620
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000332
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MRGN RVRSD PK LT 68

Neighborhood

  • School District Name: Jordan-Elbridge Central School District
  • School Tax School District: JORDAN-ELBRIDGE
  • Census Tract: 011402

Zoning

  • Zoning: R20

Geography

  • District: 313689
  • Section: 39.00
  • Parcel: 313689 039.-01-43.0
  • Block: 1
  • Lot: 43.000
  • Municipality: LYSANDER (TOV)
  • Latitude: 43.0973
  • Longitude: -76.4347

    Address

  • Full Address: 970 Morgan Rd
  • Address - House Number: 970
  • Address - Street Name: Morgan
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Memphis
  • Carrier Code: R001
  • 4-Digit Zip Code: 8716
  • Zip Code: 13112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 312801

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 182,377
  • High Value: 221,209
  • Low Value: 143,545

    Market Valuation

  • Market Total Value: $126,933
  • Market Land Value: $32,111
  • Market Improvement Value: $94,822

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,240
  • Assessed Land Value: $28,900
  • Assessed Improvements Value: $85,340

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 20230-00032499
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 Onondaga

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2367 ft²

Average Home Age

74.5 years

Currently For Sale

1042 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: 5 months ago
Data Source: NYSAMLSs, MLS# S1486957

Frequently Asked Questions

When was property at 970 Morgan Road built and last sold?
The property at 970 Morgan Road was built in 1910 and last sold on Sep 8, 2023 for $135,000.
How much is this home worth?
The estimated value of the home located at 970 Morgan Road is $136,126.
What are some comparable homes to 970 Morgan Road?
There are currently no comparable homes to 970 Morgan Road.
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