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Putnam
107 Old Albany Post Road
$412,500
● House - Off Market

107 Old Albany Post Road

Philipstown, NY 10524
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,260 Ft²
$531,712
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

Back on market, buyer had unexpected financial change.  All about location, this well cared for ranch sits on historic country lane bordering protected land on two sides. Hardwood floors, great screened in porch, new siding, roof, gutters. Lower level is with full bath, game room, walk out.  Minutes to Metro North, hiking trail and Cold Spring Village. Seller including plow, tractor, portable generator and a/c units.  The floor plan offers so much potential.

Easy living Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
Unit Size
1,260 Ft²
Days on Market
-
Land Size
1.64 acres
Price per sqft
$332
Property Type
House
Property Taxes
$966
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: 5 months ago (OneKey MLS #KEYH6048570)

Price History

Date / Event Date Event Price
Feb 9, 2021 Sold
Premium
Sold
Jun 30, 2020 Listed by Houlihan Lawrence Inc. $418,000
Listed by Houlihan Lawrence Inc.
Dec 21, 1993 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • 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: 4
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,438
  • Lot Size Frontage Feet: 5,270
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001640
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAND & RESIDENCE

Neighborhood

  • School District Name: Lakeland Central School District
  • Census Tract: 010800

Zoning

  • Zoning: R80

Geography

  • Account Number: 153275
  • District: 372689
  • Section: 83.09
  • Parcel: 372689 83.9-1-1
  • Block: 1
  • Lot: 1.000
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.3506
  • Longitude: -73.9068

    Address

  • Full Address: 107 Old Albany Post Rd
  • Address - House Number: 107
  • Address - Street Name: Old Albany Post
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Garrison
  • Carrier Code: R001
  • 4-Digit Zip Code: 3420
  • Zip Code: 10524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,130,706
  • Tax Rate Code Area: 555401

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 528,418
  • High Value: 623,507
  • Low Value: 433,330

    Market Valuation

  • Market Total Value: $472,743
  • Market Land Value: $149,915
  • Market Improvement Value: $322,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,500
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $113,700

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1710-2021
  • Previous Sale Recording Date: Dec 21, 1993
  • Previous Sale Contract Date: Dec 21, 1993
  • Previous Sale Amount: $170,000
  • 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 Putnam

Stats & Trends

Median Asking:

$579,500

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2378 ft²

Average Home Age

60.3 years

Currently For Sale

286 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 8 Anton Place, Lake Peekskill, NY, 10537

$2,995 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
8 Anton Place, Lake Peekskill, NY, 10537 Listing by Jorge A. Guerrero Jr
Unit for rent at 103 Old Highland Turnpike, Garrison, NY, 10524

$5,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,408 ft²
103 Old Highland Turnpike, Garrison, NY, 10524 Listing by Mishara Canino

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 107 Old Albany Post Road built and last sold?
The property at 107 Old Albany Post Road was built in 1964 and last sold on Dec 14, 2020 for $412,500.
How much is this home worth?
The estimated value of the home located at 107 Old Albany Post Road is $421,439.
What are some comparable homes to 107 Old Albany Post Road?
There are currently no comparable homes to 107 Old Albany Post Road.
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