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Suffern 10901
1 Ward Street
$545,000
● House - Off Market

1 Ward Street

Ramapo, NY 10901
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,365 Ft²
$4,200
Est. Monthly
7.09%
Cap Rate

About This Property

Fabulous Cape Cod Featuring on the First Floor E-I-K, Dining room Area, Living room, Bedroom, Bedroom and Full Bathroom. Second floor Features Primary Bedroom, Bedroom and Full bath. Lower area features Additional rooms. This home is in a great location close to Transportation, Shopping, Parks and Eateries
Unit Size
1,365 Ft²
Days on Market
107 days
Land Size
0.11 acres
Price per sqft
$440
Property Type
House
Property Taxes
$1,254
HOA Dues
-
Year Built
1964

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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 #KEYH6321082)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Aug 25, 2024 In contract -
In contract
Aug 5, 2024 Listed by Howard Hanna Rand Realty $600,000
Listed by Howard Hanna Rand Realty
Jan 18, 2018 Sold
Premium
Sold
Aug 5, 2017 Listed by Howard Hanna Rand Realty $314,000
Listed by Howard Hanna Rand Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 322
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,365
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF MANSFIELD PARK
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Ramapo Central School District (Suffern)
  • School Tax School District: SUFFERN
  • Census Tract: 011901

Geography

  • Account Number: 00355390000
  • District: 392607
  • Section: 55.53
  • Parcel: 392607 55.53-1-23
  • Block: 1
  • Lot: 23.000
  • Municipality: SUFFERN
  • Latitude: 41.1073
  • Longitude: -74.1421

    Address

  • Full Address: 1 Ward St
  • Address - House Number: 1
  • Address - Street Name: Ward
  • Address - Suffix Type: St
  • State: NY
  • City Name: Suffern
  • Carrier Code: C017
  • 4-Digit Zip Code: 6811
  • Zip Code: 10901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,412,052
  • Tax Rate Code Area: 392601

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 510,624
  • High Value: 631,122
  • Low Value: 390,125

    Market Valuation

  • Market Total Value: $41,400
  • Market Land Value: $10,800
  • Market Improvement Value: $30,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,400
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $30,600

    Sales

  • Current Sale Contract Date: Jan 17, 2018
  • Current Sale Recording Date: Jan 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018-00001772

    Financing

  • First Mortgage Financing Type: FIX
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 Suffern

Stats & Trends

Median Asking:

$525,000

Sale Price/ft²

$324

Below Asking

0.01%

Average Days on Market

98

Average Home Size

3356 ft²

Average Home Age

67.2 years

Currently For Sale

48 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 92 Blauvelt Way - The Sheldon, Suffern, NY, 10901

$5,096 /mo

  • 2 Beds
  • 2 Baths
  • 982 ft²
92 Blauvelt Way - The Sheldon #502, Suffern, NY, 10901 Listing by Andrea K DeLuca
Unit for rent at 131 W Ramapo, Mahwah, NJ, 07430

$4,600 /mo

  • 4 Beds
  • 3 Baths
131 W Ramapo, Mahwah, NJ, 07430 Listing by Tyler S. Abbott

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 Ward Street built and last sold?
The property at 1 Ward Street was built in 1964 and last sold on Jan 17, 2018 for $314,000.
How much is this home worth?
The estimated value of the home located at 1 Ward Street is $575,993.
What are some comparable homes to 1 Ward Street?
There are currently no comparable homes to 1 Ward Street.
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