4074 Kinney Gulf Rd Cortland, NY 13045

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4 beds · 2 baths · 2,880 sq ft · Lot Size: 40,639 sq ft · Single Family Home
Est. Property Value: $204,689

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4074 Kinney Gulf Rd is in the 13045 neighborhood of Cortland, NY. It is located in Cortland County and ZIP code 13045. This Single Family Home was built in 1948 and is approximately 77 years old. The single family home spans 2880 sq ft with 4 bedrooms and 2 bathrooms and sits on a 40639 sq ft lot. According to public records, it was last sold in 2008 for $135,500 and has a tax-assessed value of $209,286, which is $71 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 4074 Kinney Gulf Rd Cortland, NY 13045 with Property Intel by Whitepages.

4074 Kinney Gulf Rd

Cortland, NY 13045

Owner Info

Owners & Occupancy for 4074 Kinney Gulf Rd

This property is owned by Heather L Fredenburg. Owner contact information includes 5 phone numbers and 2 email addresses.

Property Owners

OccupationPrincipal/Grant Writer, Oxford Academy And Central School
Cell Phone(803) ***-****View Cell Phone
Residence************
Landline(716) 832-7656
Distance from Property**********
Email Address***********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 46
Resident 2************* age 77

Property Financials for 4074 Kinney Gulf Rd

4074 Kinney Gulf Rd, Cortland, NY has a mortgage from Cfcu Cmnty Cu (orig. September 30, 2019). The Cortland county assessment for 2023 values it at $209,286, with annual taxes of $6,342.

Mortgage & Equity Information

Loan Amount$******
LenderCfcu Cmnty Cu
Origination DateSeptember 30, 2019
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity
View Equity

Property Tax

Purchase DateApril 29, 2008
Property Tax Amount$6,342 in 2024
Purchase Price$135,500
Assessed Value$209,286 on 2023

Investment Potential for 4074 Kinney Gulf Rd

The property has a current estimated value of $204,689, which is 7% below the zip median, based on public records. It last sold on April 29, 2008 for $136K. Projected long-term
is $60,000 annually ($5,000 per month) with a 86% occupancy rate.

Discover more Single Family Homes in 13045.

Long-Term

Gross Rental
$60,000 per year($5,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 13045 zip code
 
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Property Details for 4074 Kinney Gulf Rd

Property Details

Property Sq Ft

Living Area

2,880 sq ft

47% above market

Lot Size

40,639 sq ft

145% above market

Price Per Sq Ft

Living Area

$71 / sq ft

37% below market

Lot Size Area

$5 / sq ft

64% below market

Property condition, age, exterior, etc. for 4074 Kinne…
Longitude: -76.215493 Latitude: 42.604937 Parcel Number (APN): 112289-085-000-0010-018-000-0000…

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Market Benchmarks

Compare data for 4074 Kinney Gulf Rd in Cortland County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$204,689
$358,873
-$154,184 (-43%)
YoY Price Change
Year Built
1948
1964
-16 years
Living Space
2,880 sq ft
2,207 sq ft
673 (30%)
$ Per Living Sq Ft
$71
$163
-$92 (-56%)
Lot Size
40,639 sq ft
20,473 sq ft
20166 (99%)
$ Per Lot Sq Ft
$5
$19
-$14 (-73%)

Net Operating Income
$21,431
$22,657 (106%)
Annual Revenue
$60,000
$38,400
$21,600 (56%)
$15,793
$119 (1%)
Net Operating Income
$21,431
$22,657 (106%)
Cap Rate
6.54%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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