5126 State Rte 28Old Forge, NY 13420

Off market
$4,408,180 Estimated
  • Individual retail properties
  • 2,392 SF

Property Details for 5126 State Rte 28

Year built
1958
Lot size
0.44 AC
Property size (Sq ft)
2,392 SF
Zone code
RS
Property type
Individual retail properties
APN
215400 039.30-1-1
APU
2154000393011

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $873,488
    6.5%
    $806,297
    7%
    $748,704
  • Comparable approach

    Method
    Valuation
    Relative Method
    $792,892
    Geo Method
    $787,598
  • Alternative Use

    Use
    Valuation
    Residential
    $680,142
    Hospitality
    $623,006
    Educational
    $518,334
    Medical
    $536,160
    Retail
    $806,297
5126 State Rte 28, Old Forge, New York
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Location Insight

City
Old Forge
County
Herkimer
State
New York
Latitude
43.7649
Longitude
-74.8455
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
$2,250
$37,900
$158,900
$196,800
-
$52,859
$221,618
$274,477

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