201 3rdFrankfort, NY 13340

  • Office buildings
  • 10,548 SF
Off market
$8,970,000 Estimated

Property Details for 201 3rd

Year built
1962
Lot size
0.90 AC
Property size (Sq ft)
10,548 SF
Zone code
R
Property type
Office buildings
APN
212601 112.73-4-30
APU
21260111273430

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,620,287
    6.5%
    $2,418,726
    7%
    $2,245,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,387,466
    Geo Method
    $1,378,202
  • Alternative Use

    Use
    Valuation
    Residential
    $2,999,220
    Hospitality
    $2,747,270
    Educational
    $2,285,696
    Medical
    $2,364,305
    Retail
    $3,555,528

Location Insight

City
Frankfort
County
Herkimer
State
New York
Latitude
43.0344
Longitude
-75.072
CBSA code
46540
CBSA name
UTICA-ROME, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$172
$22,700
$328,700
$351,400
-
$44,510
$644,510
$689,020

FAQs

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