7483 Monk Hill Road East Otto, NY 14729
LAND - Ranch - East Otto, NY
Property Features for 7483 Monk Hill Road
General Information
- Property type
- Land
- Property subtype
- Single Family Residence
- Parking features
- Driveway, Garage
- Patio and Porch features
- Porch
- Interior features
- CeilingFans, Furnished, KitchenFamilyRoomCombo, LivingDiningRoom, BedroomOnMainLevel
- Exterior features
- GravelDriveway, PropaneTankOwned
- Fireplace
- 1
- Appliances
- ElectricOven, ElectricRange, ElectricWaterHeater
- Standard status
- Pending
- APN
- 043200-019-003-0001-039-000-0000
- Size
- 1,040 SF
- Lot size
- 4.80 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2338
Utilities
- Sewer type
- Septic Tank
- Heating system
- Other (Heating), Electric (Heating), Baseboard, Zoned, Propane (Heating)
- Cooling system
- Zoned
- Water source
- Well
- Water front features
- Pond
Building Details
- Year built
- 1973
- Floors in Building
- 1
- Flooring type
- Laminate, Carpet, Varies
- Building materials
- WoodSiding
- Roof type
- Metal, Asphalt
- Architectural style
- Ranch
- Additional Structures
- Garage(s)
Listing agent Joshua Assad License #10301209770 (716) 570-5401
Listing office Keller Williams Realty WNY 5500 Main St. Ste. 108, Williamsville, NY (716) 832-3300
Listing date Jun 15, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in East Otto, New York (Cattaraugus County), the cabin sits set back from a quiet country road, accessed via a winding drive for added privacy.
The cabin is approximately 1,040 square feet and provides a straightforward indoor/outdoor setup centered on the front deck and pond views.
Key Highlights
- Nearly 5 acres set back on a quiet country road with a stocked pond overlooking the property
- 1973 ranch cabin with vaulted ceilings and a main living space featuring a spacious kitchen and dining/living area combo
- Wood‑burning stove (fireplace on‑site) plus zoned electric/propane heating and zoned cooling
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.5k | $12.00 |
| − Vacancy | −$1.1k | −$1.02 |
| EGI | $11.4k | $10.98 |
| − OpEx | −$5.1k | −$4.94 |
| NOI | $6.3k | $6.04 |
