12 days on rocket

1516 Valley Dr, Syracuse, NY, 13207

$187,500

Home List Price

$2,227*

Closing Credit

3 Bedrooms
4 Full Baths
2,619 SqFt
$72/SqFt
Multi

Location

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1516 Valley Dr, Syracuse$187,500

Buyer Closing Credits

$2,227*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved, Two or More Spaces
Garage4 spaces
Year Built1960
HeatingNatural Gas, Forced Air
CoolingWindow Unit(s), Ceiling Fan(s)
BasementYes
MLS #S1580056
Lot Size0.10 Acres
StatusActive

About 1516 Valley Dr

Welcome to 1516 Valley Dr, a fantastic mixed-use building situated in Syracuse, NY. The street front boasts a successful store and print shop while the back is a residential 3 bedroom, 2 full bathroom house! Both units are currently rented out for a total gross monthly rent of $2,375 effective 1/1/2025. This presents terrific potential cashflow for an investor! Convenience is key, and this property delivers; nestled close to a wide variety of stores, restaurants, and shops, it also offers easy access to downtown Syracuse's vibrant amenities. Not to mention there is also off-street parking, a rare find in this bustling area! This property has the ability to be sold as a package with the one right next door, 1522 Valley Dr Syracuse, NY. MLS Number: S1577380. It does NOT need to be sold as a package.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2
  • Living Area: 2,619 SqFt

Listing Office:

  • Office Name: The O'Hara Group
  • Office Phone: (315) 491-6088
  • Listing Agent: Connor Schwartz

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Laminate, Varies
  • Interior: Ceiling Fan(s), Natural Woodwork

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence, Private Yard, See Remarks

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Paved, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 1516 Valley Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Other, Near Public Transit, Rectangular Lot, See Remarks
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Window Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: When traveling south on Valley Dr, the property is located on the right and is the property with the print shop store front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $187,500
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $3,087
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Syracuse, NY.

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Syracuse, NY

City

Med. Sold Price

$180K

Med. Price/SqFt

$124

Avg. Days On Market

14

# of Sold Homes

157

1516 Valley Dr vs Syracuse

12 DAYS ON ROCKET

-2 Days

$187,500

+$7.4K More

$72/SqFt

-$53 Less

KEY TAKEAWAY

This property is $7.4K more than the Median Sold Price and $53/SqFt less than other homes in Syracuse, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #S1580056

Listing Office:

  • Office Name: The O'Hara Group
  • Office Phone: (315) 491-6088
  • Listing Agent: Connor Schwartz

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/18/2024, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,087$68,200
2019$3,124$68,200
2018$3,124$68,200
2017$1,264$68,200

History based on county public records data.

Payment Calculator

$1,003

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$629

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4425987
1
/10

  • Van Duyn Elementary School

  • 401 Loomis Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-4425988
3
/10

  • Syracuse Academy of Science and Citizenship Charter School

  • 301 Valley Dr

  • 0.93 miles

  • Public Charter Grades KG-5

school-card-donut-4425989
2
/10

  • McKinley-Brighton Elementary School

  • 141 W Newell St

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,302. Residents of Syracuse, NY typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Onondaga County›Syracuse›13207›1516 Valley Dr

This home is located at 1516 Valley Dr in Syracuse, NY and zip code 13207 in the The Valley neighborhood. This 2,619 square foot home, which was built in 1960, sits on a 0.10 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $187,500.

Syracuse, NY housing market in November 2024 saw over 100 listings sold above listed price, more than 17 sold at listed price and over 40 sold below. The number of homes for sale in Syracuse, NY decreased by 20% between October 2024 and November 2024. While the average time on the market in November 2024 was 14 days, the median list price was $180,080.

From Rocket Homes Real Estate and based on county public records data.

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