7 MonroeEllicottville, NY 14731

Off market
$337,500 Estimated
  • Turn key restaurants
  • 4,850 SF

Property Details for 7 Monroe

Year built
1940
Lot size
0.07 AC
Property size (Sq ft)
4,850 SF
Zone code
05 - COMMERCIAL
Property type
Turn key restaurants
APN
043601 55.035-3-39
APU
4360155035339

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,293,365
    6.5%
    $1,193,876
    7%
    $1,108,599
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,169,299
    Geo Method
    $1,437,472
  • Alternative Use

    Use
    Valuation
    Residential
    $1,007,079
    Hospitality
    $922,479
    Educational
    $767,491
    Medical
    $793,887
    Retail
    $1,193,876
7 Monroe, Ellicottville, New York

Location Insight

City
Ellicottville
County
Cattaraugus
State
New York
Latitude
42.2762
Longitude
-78.6719
CBSA code
36460
CBSA name
OLEAN, NY MICROPOLITAN 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
0
-
$9,300
$328,200
$337,500
-
$14,308
$504,923
$519,231

FAQs

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