7434 Fair Haven RdHomer, NY 13077

  • Retail properties
  • 3,634 SF
For Sale
$1,750,000 View listing

Property Details for 7434 Fair Haven Rd

Year built
1940
Lot size
5.80 AC
Property size (Sq ft)
3,634 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
113800 14.00-01-05.000
APU
11380014000105000

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $862,640
    6.5%
    $796,283
    7%
    $739,406
  • Comparable approach

    Method
    Valuation
    Relative Method
    $836,629
    Geo Method
    $1,196,542
  • Alternative Use

    Use
    Valuation
    Residential
    $671,695
    Hospitality
    $615,269
    Educational
    $511,896
    Medical
    $529,501
    Retail
    $796,283
7434 Fair Haven Rd, Homer, New York
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Location Insight

City
Homer
County
Cortland
State
New York
Latitude
42.766
Longitude
-76.2673
CBSA code
18660
CBSA name
CORTLAND, 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
2023
$6,111
$210,000
$75,000
$285,000
-
$313,433
$111,940
$425,373

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