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Sullivan 12764
1038 County Road 23
$175,000
● House - Off Market

1038 County Road 23

Tusten, NY 12764
bedrooms
2 Beds
bathrooms
1 Bath
square feet
560 Ft²
$1,109
Est. Monthly

About This Property

COUNTRY COTTAGE LOG STYLE GETAWAY!!! Come take a look at this rustic cabin seasonal home! This is your retreat to the wilderness away from the hustle and bustle of city life. Cottage has modern electric panel, drilled well for running water, kitchen appliances and a modern septic system but is also as simple as it gets. Rocking chair front porch has water views, boasts over 5 acres nearby to lakes, camps, Deleware river, and woods galore! Once owned by a Scoutmaster who wanted to be near the Boy Scouts camp a few miles away. The basement has high ceilings and could be used for expanded living space. All systems and mechanicals are move in ready. Easy to show, take a look today!!! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
560 Ft²
Days on Market
-
Land Size
5.47 acres
Price per sqft
$330
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1989

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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 #KEYH6276222)

Price History

Date / Event Date Event Price
May 6, 2024 Sold
Premium
Sold
Apr 8, 2024 In contract -
In contract
Mar 1, 2024 Price Decreased $185,000
↓ $15K (7.5%)
Price Decreased
Jan 3, 2024 Price Increased $200,000
↑ $15K (8.1%)
Price Increased
Oct 31, 2023 Listed by RE/MAX Town & Country $185,000
Listed by RE/MAX Town & Country
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 238,273
  • Total Building Area: 560
  • Building Area: 560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 560
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005470
  • Standard Land Use Code: 1012
  • County Land Use Code: 260

Neighborhood

  • School District Name: Sullivan West Central School District
  • School Tax School District: SULLIVAN WEST
  • Census Tract: 952300

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 484800
  • Section: 20
  • Parcel: 484800 20.-1-7.1
  • Block: 1
  • Lot: 7.001
  • Municipality: TUSTEN
  • Latitude: 41.5751
  • Longitude: -74.9622

    Address

  • Full Address: 1038 County Road 23
  • Address - House Number: 1038
  • Address - Street Name: County Road 23
  • State: NY
  • City Name: Narrowsburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 6308
  • Zip Code: 12764

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 484802

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 171,729
  • High Value: 197,304
  • Low Value: 146,153

    Market Valuation

  • Market Total Value: $105,601
  • Market Land Value: $69,630
  • Market Improvement Value: $35,971

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,100
  • Assessed Land Value: $27,100
  • Assessed Improvements Value: $14,000

    Sales

  • Current Sale Contract Date: Nov 19, 1999
  • Current Sale Recording Date: Nov 22, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 13, 1996
  • Previous Sale Contract Date: Aug 12, 1996
  • Previous Sale Amount: $21,000
  • 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 Sullivan

Stats & Trends

Median Asking:

$388,250

Sale Price/ft²

$235

Below Asking

0.02%

Average Days on Market

97

Average Home Size

2336 ft²

Average Home Age

59.9 years

Currently For Sale

675 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 1240 Co Road 23, Narrowsburg, NY, 12764

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,400 ft²
1240 Co Road 23, Narrowsburg, NY, 12764 Listing by Brankica Curreri

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 1038 County Rd 23 built and last sold?
The property at 1038 County Rd 23 was built in 1989 and last sold on Nov 19, 1999 for $35,000.
How much is this home worth?
The estimated value of the home located at 1038 County Rd 23 is $185,297.
What are some comparable homes to 1038 County Rd 23?
There are currently no comparable homes to 1038 County Rd 23.
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