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Dutchess 12540
1 Marion Way
$419,000
● House - Off Market

1 Marion Way

La Grange, NY 12540
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,844 Ft²
$423,343
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Amazing investment opportunity in Lagrangeville, NY. This home shows it has approx. 2,844 sq. ft. and sits on an approx. lot size of 123,275. If you blink it will be sold. Buyers check with City, County, Zoning, Tax, and other records to their satisfaction. AS-IS REO property. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,844 Ft²
Days on Market
-
Land Size
2.83 acres
Price per sqft
$150
Property Type
House
Property Taxes
$1,187
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (OneKey MLS #KEYH6266972)

Price History

Date / Event Date Event Price
Mar 12, 2024 Sold
Premium
Sold
Sep 29, 2023 Sold
Premium
Sold
Sep 12, 2023 In contract -
In contract
Sep 1, 2023 Listed by REALHome Services & Solutions $426,000
Listed by REALHome Services & Solutions
Aug 9, 2023 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 538
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 123,275
  • Total Building Area: 2,844
  • Building Area: 2,844
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,844
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002830
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2.83 AC (S) 21999 10072 1443 0893

Neighborhood

  • School District Name: Arlington Central School District
  • School Tax School District: ARLINGTON
  • Census Tract: 080104

Zoning

  • Zoning: RLD

Geography

  • Account Number: 08951730
  • District: 133400
  • Section: 6.560
  • Parcel: 133400 6560-02-951730-0000
  • Block: 2
  • Lot: 951.730
  • Municipality: LA GRANGE
  • Latitude: 41.6653
  • Longitude: -73.7491

    Address

  • Full Address: 1 Marion Way
  • Address - House Number: 1
  • Address - Street Name: Marion
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Lagrangeville
  • Carrier Code: R001
  • 4-Digit Zip Code: 5232
  • Zip Code: 12540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,947,875
  • Tax Rate Code Area: 134601

    Appraisal Valuation

  • Standard Deviation: 0.1078
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 89
  • Final Value: 433,072
  • High Value: 479,776
  • Low Value: 386,368

    Market Valuation

  • Market Total Value: $640,300
  • Market Land Value: $119,099
  • Market Improvement Value: $521,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,900
  • Assessed Land Value: $84,800
  • Assessed Improvements Value: $371,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 12, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2024-716
  • Previous Sale Recording Date: Aug 09, 2023
  • Previous Sale Amount: $500
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dutchess

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2293 ft²

Average Home Age

64.1 years

Currently For Sale

889 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2410 Route 82, Lagrangeville, NY, 12540

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
2410 Route 82 #6, Lagrangeville, NY, 12540 Listing by Philip Messina

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Marion Way built and last sold?
The property at 1 Marion Way was built in 1999 and last sold on Mar 1, 2024 for $475,000.
How much is this home worth?
The estimated value of the home located at 1 Marion Way is $453,257.
What are some comparable homes to 1 Marion Way?
There are currently no comparable homes to 1 Marion Way.
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