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Chestnut Ridge 10977
1 Midway Road
$775,000
● House - Off Market

1 Midway Road

Ramapo, NY 10977
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,163 Ft²
$808,262
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

CHESTNUT RIDGE!!!! MUST SEE THIS INCREDIBLE ON GORGEOUS PARK-LIKE PROPERTY. MRS. CLEAN LIVES HERE. Enjoy cooking in this beautiful eat-in-kichen with GRANITE countertops. Large dining room great for HOSTING with recessed lighting. Out of this world SUN ROOM with split unit for heating and cooling. 4 bedrooms on main level with HARDWOOD FLOORS. Master bedroom boasts a LUXURIOUS bathroom, walk in closet. Large patio with awning. Lower level features additional rooms great for office and more!!!! SECOND kitchen in lower level too. Wow! This home has TOO MUCH TO LIST MUST SEE. WONT LAST. Additional Information:  Amenities:Marble Bath,
Unit Size
2,163 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$369
Property Type
House
Property Taxes
$1,095
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (OneKey MLS #KEYH6163991)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
Apr 6, 2022 In contract -
In contract
Jan 30, 2022 Listed by Q Home Sales $799,000
Listed by Q Home Sales
Jan 19, 2022 Sold
Premium
Sold
Nov 17, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 850
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Lot Size Depth Feet: 2,150
  • Lot Size Frontage Feet: 1,350
  • Total Building Area: 2,163
  • Building Area: 2,163
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,163
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PAMELA PARK
  • Land Acres: 0000000760
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 012504

Zoning

  • Zoning: 2

Geography

  • Account Number: 00412170000
  • District: 392615
  • Section: 68.09
  • Parcel: 392615 68.09-1-11
  • Block: 1
  • Lot: 11.000
  • Municipality: CHESTNUT RIDGE
  • Latitude: 41.0682
  • Longitude: -74.0563

    Address

  • Full Address: 1 Midway Rd
  • Address - House Number: 1
  • Address - Street Name: Midway
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C025
  • 4-Digit Zip Code: 7011
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,166,740
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 752,957
  • High Value: 912,832
  • Low Value: 593,081

    Market Valuation

  • Market Total Value: $52,000
  • Market Land Value: $16,000
  • Market Improvement Value: $36,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,000
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $36,000

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-00022919
  • Previous Sale Recording Date: Jan 19, 2022
  • Previous Sale Contract Date: Jan 18, 2022
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: 12
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 Chestnut Ridge

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$457

Below Asking

0.03%

Average Days on Market

91

Average Home Size

3160 ft²

Average Home Age

39.1 years

Currently For Sale

17 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

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105 Brandon, NJ, 07645 Listing by Jessica Torrie
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$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,430 ft²
8 Birchwood Avenue, Nanuet, NY, 10954 Listing by Yulia Kushnir
Unit for rent at 16 Cypress Peak, Montvale, NJ, 07645

$6,800 /mo

  • 4 Beds
  • 3 Baths
16 Cypress Peak, Montvale, NJ, 07645 Listing by Phyllis N. Calianese

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Midway Road built and last sold?
The property at 1 Midway Road was built in 1961 and last sold on Jun 15, 2022 for $775,000.
How much is this home worth?
The estimated value of the home located at 1 Midway Road is $828,012.
What are some comparable homes to 1 Midway Road?
There are currently no comparable homes to 1 Midway Road.
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