7 Railroad AveStamford, NY 12167
- Mixed-use properties
- 1,050 SF
For Sale
$49,000
View listing
Property Details for 7 Railroad Ave
- Year built
- 1957
- Lot size
- 0.50 AC
- Property size (Sq ft)
- 1,050 SF
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 125203 54.10-8-9.1
- APU
- 1252035410891
Description
This unique 1,100 square foot, two-story storage barn presents a compelling investment opportunity in the heart of Stamford Village, NY. Situated on a commercially zoned 0.17-acre lot, the property offers exceptional versatility. The lower level features two rooms with dirt floors, providing ample storage space. The ground floor boasts an open area with wood flooring and a separate entrance from a publicly maintained parking lot, ensuring convenient access. A staircase leads to additional storage space on the upper level. Electric service is available. Currently, the property lacks heating, water, and septic facilities
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $260,836
- 6.5%
- $240,772
- 7%
- $223,574
-
Comparable approach
- Method
- Valuation
- Relative Method
- $138,115
- Geo Method
- $137,193
-
Alternative Use
- Use
- Valuation
- Residential
- $298,557
- Hospitality
- $273,477
- Educational
- $227,529
- Medical
- $235,355
- Retail
- $353,935
7 Railroad Ave, Stamford, New York
Leaflet | © OpenStreetMap contributors
Location Insight
- City
- Stamford
- County
- Delaware
- State
- New York
- Latitude
- 42.4076
- Longitude
- -74.6166
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
$4,089
$500
$29,000
$29,500
-
$2,966
$172,034
$175,000
Comparable in this City
Similar Nearby for Sale
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