Aleya Majid
EXIT REALTY HOMEWARD BOUND
(680) 213-7014
148 Total Sales
1 in West Side
$180,000 Price
11 Walnut St Binghamton, NY 13905
West Side NeighborhoodEstimated Value: $244,178
6
Beds
2
Baths
2,044
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Baseboard Heating
- Level Lot
About This Home
As of May 2026Fully occupied student housing investment on Binghamton’s West Side within R-3 zoning, supporting higher density residential use. Property consists of two units, each configured as a 3-bedroom, 1 bath layout. Located south of Main Street in an established student corridor with access to Downtown amenities and university bus routes. Leases for next semester secured at $700 per bed, supporting an 11.03% cap rate based on current expenses. Proven rental demand and consistent occupancy. The West Side remains one of the most reliable off-campus housing locations serving Binghamton University, supporting strong leasing performance and long-term rental stability.
Last Agent to Sell the Property
INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 02/26/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,582
Year Built
- Built in 1921
Lot Details
- Level Lot
Parking
- Driveway
Home Design
- 2,044 Sq Ft Home
- Aluminum Siding
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Schools
- Horace Mann Elementary School
Utilities
- No Cooling
- Baseboard Heating
- Gas Water Heater
- Cable TV Available
Additional Features
- Basement
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $1,286
- Net Operating Income $32,982
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2026
Closed on
May 11, 2026
Sold by
Bought by
Seller's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
Santino Gance
EXIT REALTY HOMEWARD BOUND
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,822
Avg. Annual Appreciation
-35.70%
Original Mortgage
$210,000
Outstanding Balance
$209,805
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$34,373
Purchase Details
Closed on
Nov 20, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,009,000
Interest Rate
3.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 30, 2011
Sold by
Bought by
Purchase Details
Closed on
Jul 29, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2004
Sold by
Bought by
Purchase Details
Closed on
Nov 1, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in West Side, NY
-
Aleya Majid
-
Cary Turner
Cary Turner
WARREN REAL ESTATE (Vestal)
(607) 658-8616
56 Total Sales
2 in West Side
$58K - $65K Price Range
-
Linda Kent
Linda Kent
LINDA KENT REAL ESTATE, LLC
(607) 251-0233
65 Total Sales
2 in West Side
$185K - $190K Price Range
-
R. Karl Zandt
R. Karl Zandt
EXIT REALTY FRONT AND CENTER
(607) 304-3963
164 Total Sales
1 in West Side
$120,000 Price
-
Santino Gance
Santino Gance
Responds QuicklyEXIT REALTY HOMEWARD BOUND
(607) 203-9031
254 Total Sales
3 in West Side
$105K - $280K Price Range
-
MD Hussain
MD Hussain
Responds QuicklyENTER GROUP
(607) 603-7755
85 Total Sales
1 in West Side
$118,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $280,000 | Westcor Land Title | ||
| $2,685,500 | Old Republic National Title | ||
| $50,000 | None Available | ||
| $49,500 | Peter A Gorton | ||
| -- | Peter A Gorton | ||
| $32,250 | Richard Allen |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $210,000 | ||
| Previous Owner | $8,009,000 | ||
| Previous Owner | $39,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | Sold | $280,000 | -6.4% | $137 / Sq Ft |
| 04/06/2026 04/06/26 | Pending | -- | -- | -- |
| 02/26/2026 02/26/26 | For Sale | $299,000 | -- | $146 / Sq Ft |
Source: Greater Binghamton Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $55,000 | $16,700 | $38,300 |
| 2024 | $5,421 | $55,000 | $16,700 | $38,300 |
| 2023 | $5,322 | $55,000 | $16,700 | $38,300 |
| 2022 | $5,197 | $55,000 | $16,700 | $38,300 |
| 2021 | $5,138 | $55,000 | $16,700 | $38,300 |
| 2020 | $3,398 | $55,000 | $16,700 | $38,300 |
| 2019 | $1,734 | $55,000 | $16,700 | $38,300 |
| 2018 | $3,313 | $55,000 | $16,700 | $38,300 |
| 2017 | $3,330 | $55,000 | $16,700 | $38,300 |
| 2016 | $3,343 | $55,000 | $16,700 | $38,300 |
| 2015 | $2,971 | $55,000 | $16,700 | $38,300 |
| 2014 | $2,971 | $55,000 | $16,700 | $38,300 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Warren
Seller's Agent in 2026
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
(607) 768-8568
22 in this area
132 Total Sales
-
Santino Gance
Buyer's Agent in 2026
Santino Gance
EXIT REALTY HOMEWARD BOUND
(607) 760-2049
3 in this area
254 Total Sales
Map
Source: Greater Binghamton Association of REALTORS®
MLS Number: 334844
APN: 030200-160-046-0003-035-000-0000
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