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Orange 12549
Goodwill Road Lot #1 Ws
$107,500
● Land - Off Market

Goodwill Road Lot #1 Ws

Montgomery, NY 12549
bedrooms
Studio
bathrooms
0 Bath
$118,333
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Priced to sell! Have you been waiting for the perfect place to build your dream home? Well look no further here it is over a half acre .67 acres to be exact with municipal water and sewer in the lovely Historic village of Montgomery. This is a fully approved lot ready for you to build. Walking distance to parks, downtown Restaurants, and shops, is all you could ask for.
Unit Size
-
Days on Market
-
Land Size
0.67 acres
Price per sqft
-
Property Type
Land
Property Taxes
$250
HOA Dues
-
Year Built
1890

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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: 6 months ago (OneKey MLS #KEYH6200864)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jun 10, 2023 In contract -
In contract
Mar 21, 2023 Price Decreased $119,000
↓ $11K (8.5%)
Price Decreased
Jul 27, 2022 Listed by Curasi Realty, Inc. $130,000
Listed by Curasi Realty, Inc.
Oct 8, 2019 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • 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: 4
  • Garage Square Area: 2,610
  • Parking Space Count: 9
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 243,936
  • Total Building Area: 4,944
  • Gross Building Area: 4,944
  • Building Area: 4,944
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 4,104
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005600
  • Standard Land Use Code: 1999
  • County Land Use Code: 215

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010801

Zoning

  • Zoning: RA3A

Geography

  • District: 334289
  • Section: 29.00
  • Parcel: 334289 29-1-59
  • Block: 1
  • Lot: 59.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5238
  • Longitude: -74.2212

    Address

  • Full Address: 1 Middle School Ln
  • Address - House Number: 1
  • Address - Street Name: Middle School
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Montgomery
  • Carrier Code: R005
  • 4-Digit Zip Code: 2246
  • Zip Code: 12549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,604,772
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 471,716
  • High Value: 553,684
  • Low Value: 389,747

    Market Valuation

  • Market Total Value: $750,000
  • Market Land Value: $123,810
  • Market Improvement Value: $626,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,000
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $263,000

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Oct 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 20190071858
  • Previous Sale Recording Date: Jul 28, 2003
  • Previous Sale Contract Date: Jun 20, 2003
  • Previous Sale Amount: $260,000
  • 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 Orange

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2144 ft²

Average Home Age

61.3 years

Currently For Sale

1240 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 146 Charles Street, Montgomery, NY, 12549

$2,850 /mo

  • 3 Beds
  • 1 Bath
  • 2,650 ft²
146 Charles Street, Montgomery, NY, 12549 Listing by MaryBeth O'Hara
Unit for rent at 105 Jefferson Road, Montgomery, NY, 12549

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 1,868 ft²
105 Jefferson Road, Montgomery, NY, 12549 Listing by Rosa I. Victoria

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Montgomery Road built and last sold?
The property at 1 Montgomery Road was built in 1890 and last sold on Sep 13, 2019 for $69,004.
How much is this home worth?
The estimated value of the home located at 1 Montgomery Road is $120,190.
What are some comparable homes to 1 Montgomery Road?
There are currently no comparable homes to 1 Montgomery Road.
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