Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    336 Chestnut St, Unit 344 Oneonta, NY 13820-1212

    • Motels
    • 11,716 SF
    • 2.46 lot acres
    OFF-MARKET
    Value Estimations
    $1,100,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-1302179
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motels

    Property Details for 336 Chestnut St

    Year built
    1990
    Lot size
    2.46 lot acres
    Property size
    11,716 SF
    Zone code
    420
    Property type
    Motels
    APN
    361200 299.7-6-31
    APU
    3612002997631

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,155,000
      7%
      $1,075,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,048,000
      Market price range: $215k - $1.11M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $665,000
      Current use
      COMMERCIAL (GENERAL)
      $1,145,000
      Change: +73% Conversion: Difficult
      RESTAURANT
      $1,080,000
      Change: +62% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $900,000
      Change: +35% Conversion: Difficult
      OFFICE BUILDING
      $780,000
      Change: +18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.0866
    Latitude
    42.4538
    CBSA code
    36580
    CBSA name
    ONEONTA, 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
    $0.00
    $122,500
    $2,327,500
    $2,450,000
    -
    $151,235
    $2,873,456
    $3,024,691

    Comparable in this City

    • Value Estimation by Request
      8,020 SF

      112 1st St

      MOTEL • 8,020 SF
      112 1st St, Oneonta, NY 13820-2126
      View Details
    • Value Estimation
      $600,000
      24,076 SF

      4973 State Hwy 23

      MOTEL • 24,076 SF
      4973 State Hwy 23, Oneonta, NY 13820-3567
      View Details
    • Value Estimation by Request
      5,910 SF

      5059 State Hwy 23

      MOTEL • 5,910 SF
      5059 State Hwy 23, Oneonta, NY 13820-3566
      View Details
    • Value Estimation by Request
      4,559 SF

      6175 State Hwy 7th 7

      MOTEL • 4,559 SF
      6175 State Hwy 7th 7, Oneonta, NY 13820-3647
      View Details
    • Value Estimation by Request
      6,000 SF

      5680 State Hwy 7th 7

      MOTEL • 6,000 SF
      5680 State Hwy 7th 7, Oneonta, NY 13820
      View Details
    • Value Estimation by Request
      11,024 SF

      2306 State Hwy 28

      MOTEL • 11,024 SF
      2306 State Hwy 28, Oneonta, NY 13820-3129
      View Details

    Similar Nearby for Sale

    • $199,900
      3,258 SF

      Victorian Multifamily Investment Opportunity

      Two-unit property with strong rental history near Main Street.
      79 Chestnut St, Oneonta, NY 13820
      View Details
    • $195,000
      4,104 SF

      Downtown Oneonta Investment Property

      Three-unit multifamily property in downtown Oneonta with income potential.
      2-6 Reynolds Ave, Oneonta, NY 13820
      View Details
    • $65,000
      0.31 Acres

      Cleared Land Ready For Building

      Cleared building lot with water and sewer connections in Oneonta.
      2 College Park Dr, Oneonta, NY 13820
      View Details
    • $625,000
      6,600 SF

      Oneonta Multifamily Investment Opportunity

      Six-unit multifamily property near colleges with solid rental history.
      7-9 Weidman Pl, Oneonta, NY 13820
      View Details
    • $205,000
      2,194 SF

      Turn-Key Investment Property in Oneonta

      Investment property with excellent rental history near colleges and hospital.
      15 Susquehanna St, Oneonta, NY 13820
      View Details
    • $290,000
      2,400 SF

      Four-Unit Multifamily Property on Main

      Fully occupied four-unit property near colleges and downtown Oneonta.
      91 Main St, Oneonta, NY 13820
      View Details

    Similar Nearby for Lease

    • $11,667 /Mo
      17,500 SF

      Oneonta Retail/Warehouse Space Available

      17,500 sq. ft. retail or warehouse space for lease.
      101 Winney Hill Rd, Oneonta, NY 13820
      View Details
    • $710 /Mo
      710 SF

      Oneonta Class-A Office Space

      Affordable Class-A office space in Oneonta, NY for lease.
      41-49 South Main St, Oneonta, NY 13820
      View Details
    • New
      $710 /Mo
      710 SF

      Class-A Office Space Available

      Affordable office space in Oneonta, with parking and professional lobby.
      41-49 S Main St, Oneonta, NY 13820
      View Details
    • Contact for pricing
      2,500 SF

      Office & Flex Space Available

      Up to 2,500 SF of office and flex space for rent.
      118 Commerce Rd, Oneonta, NY 13820
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    336 Chestnut St, Unit 344
    Oneonta, NY 13820-1212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!