$950,000
SOLD NOV 8, 2024

17 Maple St Oneonta, NY 13820

9 Beds
-- Bath
6,240 Sq Ft
0.34 Acres

Recently Sold

$152 Per Sq Ft

17% Below List Price

308 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • Community Storage Space
  • Wood Flooring
  • High Speed Internet
  • Wood Siding

About This Home

As of April 2025

Lucrative investment property with guaranteed 10+ year triple-net lease. All rent is an absolute net to the landlord. Currently, rent payments are made at $6,120 per month with annual increase of 2%. The Tenant pays for all interior and exterior maintenance, all taxes, all upgrades, all code compliance, all utilities, all insurance and all tenant liability. Long-term rental arrangement with a national Sorority organization. This is an excellent location in the growing and thriving college town of Oneonta which functions as the main hub for shopping, education, and healthcare for Otsego and Delaware County residents. The property is near Hartwick College and the State University of NY - Oneonta and a short walk to the bus stop, Main Street, and downtown local attractions. With easy access to I- 88, a 60 minute drive East or West will take you to Albany or Binghamton. The property has a city permit for up to 21 residents. It has 9 bedrooms and 5 bathrooms. It is outfitted with a commercial sprinkler system, commercial appliances, and fire escapes from the 2nd and 3rd floors.

Last Agent to Sell the Property

Ben Holscher

Listing by Keller Williams Upstate NY Properties Brokerage Phone: 607-376-7509 License #10401320780 Listed on: 01/05/2024

Keller Williams Upstate NY Properties

Last Buyer's Agent

Ben Holscher

Listing by Keller Williams Upstate NY Properties Brokerage Phone: 607-376-7509 License #10401320780 Listed on: 01/05/2024

Keller Williams Upstate NY Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,676

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150x300

Home Design

  • Wood Siding

Interior Spaces

  • 9 Bedrooms
  • 6,240 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Free-Standing Range

Flooring

  • Wood
  • Tile

Parking

  • No Garage
  • Driveway

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 288.18-4-46

Community Details

Amenities

  • Community Storage Space

Building Details

  • 1 Separate Gas Meter
  • Gross Income $73,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,676

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Rooming House
  • Property Type: Multi Family
  • Rent Includes: Other, See Remarks
  • Year Built: 1976
  • Attribution Contact: 607-376-7509
  • Lot Features: Near Public Transit
  • Directions: Head northeast on Main St toward Chestnut St. Turn left onto Maple St. Your destination will be on the left.
  • Flooring: Hardwood, Tile, Varies
  • Garage Yn: No
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Free-Standing Range, Gas Water Heater, Oven, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 9
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.34
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: One Space, No Garage

Utilities

  • Heating: Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Other, Storage Facilities, See Remarks
  • Senior Community: No

Schools

  • Junior High Dist: Oneonta

Lot Info

  • Parcel Number: 288.18-4-46
  • Lot Dimensions: 150X300
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 73440.0
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 13676.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Apr 19, 2025
Sold by
Alpha Omicron Pi Prop Inc
Bought by
Ventresca Jason and Ventresca Nicole
Seller's Agent
Ben Holscher
Keller Williams Upstate NY Properties
Buyer's Agent
Ben Holscher
Keller Williams Upstate NY Properties
List Price
$355,000
Sold Price
$305,000
Premium/Discount to List
-$50,000
-14.08%
Views
429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$228,349
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 5, 2024
Closed on
Nov 5, 2024
Sold by
Reis Oneoneto Grp Llc
Bought by
Alpha Omicron Pi Prop Inc
Seller's Agent
Ben Holscher
Keller Williams Upstate NY Properties
Buyer's Agent
Ben Holscher
Keller Williams Upstate NY Properties
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Views
1085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-91.08%

Purchase Details

Closed on
Jan 29, 2020
Sold by
Broadtree Homes Fp Llc
Bought by
Reis Oneoneto Grp Llc

Purchase Details

Closed on
Aug 11, 2016
Sold by
Gsh Aoii Hartwick Llc
Bought by
Broadtree Homes Fp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2013
Sold by
Alpha Omicron Pi Prop Inc
Bought by
Gsh Aoii Hartwick Llc

Purchase Details

Closed on
Mar 7, 2008
Sold by
Sigma Chi Chapter Of Alph A Omicron Pi Corpor
Bought by
Alpha Omicron Pi Properti Es, Inc.
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $305,000 None Available
Deed $950,000 None Available
Deed $875,000 None Available
Deed $875,000 None Available
Deed $953,700 Gregory Nearpass
Deed $953,700 Gregory Nearpass
Deed $577,851 --
Deed $577,851 --
Deed -- Jonathan O. Albanese
Deed -- Jonathan O. Albanese
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,750 Purchase Money Mortgage
Previous Owner $430,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $305,000 -7.6% $49 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $330,000 -2.9% $53 / Sq Ft
01/29/2025 01/29/25 Price Changed $340,000 -4.2% $54 / Sq Ft
11/27/2024 11/27/24 For Sale $355,000 -62.6% $57 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/08/2024 11/08/24 Sold $950,000 0.0% $152 / Sq Ft
08/16/2024 08/16/24 Off Market $950,000 -- --
06/10/2024 06/10/24 Price Changed $1,200,000 0.0% $192 / Sq Ft
05/03/2024 05/03/24 Rented $8,000 0.0% --
01/05/2024 01/05/24 For Sale $1,150,000 0.0% $184 / Sq Ft
12/31/2023 12/31/23 Off Market $5,300 -- --
09/29/2023 09/29/23 For Rent $5,300 -- --
Source: Otsego-Delaware Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $24,810 $690,000 $42,000 $648,000
2023 $24,422 $690,000 $42,000 $648,000
2022 $23,510 $690,000 $42,000 $648,000
2021 $23,413 $690,000 $42,000 $648,000
2020 $19,825 $690,000 $42,000 $648,000
2019 $13,913 $420,000 $42,000 $378,000
2018 $13,913 $420,000 $42,000 $378,000
2017 $13,774 $420,000 $42,000 $378,000
2016 $13,603 $420,000 $42,000 $378,000
2015 -- $180,000 $17,000 $163,000
2014 -- $180,000 $17,000 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1515799

Otsego-Delaware Board of REALTORS®

APN: 361200-288-018-0004-046-000-0000