NOT LISTED FOR SALE

796 New York 222 Cortland, NY 13045

-- Bed
-- Bath
2,912 Sq Ft
1.17 Acres

Last Sold November 11, 2020

Last sale price $245,000 $84 Per Sq Ft

4 Days on Market

Highlights

  • 1.17 Acre Lot
  • Forced Air Cooling System
  • Rectangular Lot
  • Wood Flooring

About This Home

As of November 2020

Here is your chance to get in the rental business without having major repairs to perform on the property. This 4-unit, all 2 bedroom apartments that are almost identical, has a great rental history and with its location just put a sign in yard and rents easily...and all separate gas and electric. Location is great, quick commute to Ithaca, near stores, school bus picks up at driveway, and nice yard. All this for tenants, but for landlord lots of new things including exterior entry, siding, roof, windows, and interior as needed. So, this means just keep it landscaped, painted, rented and collect rents.

Last Agent to Sell the Property

Timothy Alger

Listing by Yaman Real Estate License #30AL0927181 Listed on: 02/26/2020

Last Buyer's Agent

Mary Doody-Horton

Listing by Coldwell Banker Prime Prop,Inc License #10301205708

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 1970

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 344 x 148
  • Rectangular Lot

Home Design

  • Block Foundation
  • Asphalt Roof
  • Partial Copper Plumbing
  • Vinyl Construction Material

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Schools

  • Homer Elementary School
  • Homer Senior High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, no utilities, refuse removal, snow removal, water
  • Tax Lot 25
  • Assessor Parcel Number 112289-085-020-0001-025-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $3,500
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,048

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Annual Operating Expenses: 3500
  • NY Swis Code: Cortlandville-112289
  • Total Assessed Value: 149000
  • Foundation Description: Block
  • Gross Annual Income: 39600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 344
  • Lot Dimension Front: 148
  • Lot Information: Primary Road
  • Lot Number: 25
  • Lot Shape: Rectangular
  • Nearest Cross Street: Highland Road
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 209616.70
  • Ratio Close Price By Sq Ft: 84.13
  • Ratio List Price By Acres: 201060.92
  • Ratio List Price By Sq Ft: 80.70
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, No Utilities, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt
  • School Tax: 3051
  • Sub Board Code: Cortland
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 50912
  • Age of Building: 52
  • Year Built: 1970
  • Directions To Property: State Route 222 near County airport.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Scuttle Access
  • Basement Description: Finished, Full
  • Floor Description: Ceramic-Some, Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some
  • Total Sq Ft: 2912

Exterior Features

  • Construction: Vinyl
  • Additional Exterior Features: Cable TV Available
  • Number of Acres: 1.1688

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Homer
  • Elementary School: Homer Elementary
  • High School: Homer Senior High

Lot Info

  • Parcel Number: 112289-085-020-0001-025-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 6048

MLS Schools

  • Elementary School Name: Homer Elementary
  • High School Name: Homer Senior High
  • School District Name: Homer

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2020 11/11/20 Sold $245,000 +4.3% $84 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $235,000 -- $81 / Sq Ft
Source: Cortland County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Timothy Alger

    Seller's Agent in 2020

    Timothy Alger

    Yaman Real Estate

    (607) 423-6174

    76 in this area

    93 Total Sales

    Section Image
  • Mary Doody-Horton

    Buyer's Agent in 2020

    Mary Doody-Horton

    Coldwell Banker Prime Prop,Inc

    (315) 730-7891

    8 in this area

    133 Total Sales

    Section Image
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Map

Source: Cortland County Board of REALTORS®

MLS Number: S1253297

Cortland County Board of REALTORS®

New York Cortland County Cortland 13045

796 New York 222, Cortland, NY

This home is located at 796 New York 222, Cortland, NY 13045 since 26 February 2020. This property was built in 1970. 796 New York 222 is a home located in Cortland County with nearby schools including Homer Senior High School, Cortland Christian Academy, and St. Mary's School.

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