Owner
$498,631
274 GOODEMOTE RD, BROADALBIN, NY
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
2,340
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
Attached Garage
1 Story
Full Basement
Hot Water
Vinyl in-Ground Pool
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2008
Building Size
2,340 sq ft
Lot Size
391,604 sq ft
Lot Size (Acres)
8.99 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
172289 122.1-1-10.12
County
Fulton County, New York
Metro Area
Gloversville, NY
Zoning
—
Neighborhood/Subdivision
—
Lot Number
10.012
School District
Broadalbin-Perth Central School District
Legal Description
OLD 06-01-0423.0200
Tax & Value Information
Market Value (Total)
$456,376
Building Value
$364,334
Land Value
$92,042
Annual Property Tax
$7,830
Tax Assessment Year
2024
Assessed Value
$238,000
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$19,294
Return on Investment
15.60%
After Repair Value
$548,494
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$448,768
Renovation Cost
$24,932
Closing Costs (buying)
$8,975
Holding Costs
$13,615
Selling Costs
$32,910
Total Investment
$123,660
After Repair Value (ARV)
$548,494
Total Costs
$529,200
Estimated Profit
$19,294
Cash Invested
$114,685
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area