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Sullivan
1073 County Route 31
$160,000
● House - Off Market

1073 County Route 31

Lumberland, NY 12737
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,030 Ft²
$227,250
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Cozy and quaint year-round getaway!  Love this one-bedroom cottage just outside of Port Jervis, NY tucked between pine trees.   This one owner home has been meticulously maintained and is fastidiously clean.   Appreciate the well-maintained original hardwood floors.  The wood burning stove creates a warm and cozy retreat.  The basement is very dry, super clean, and offers plenty of storage or additional living space.  Enjoy the front sitting porch and side stone patio overlooking the private back yard.  A large two car garage has electric front and rear doors.  There is a separate driveway area to park additional vehicles, RV, or boat.  There is also a small shed on the property.   Come take a look! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,030 Ft²
Days on Market
-
Land Size
2.29 acres
Price per sqft
$170
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1967

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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 #KEYH6052458)

Price History

Date / Event Date Event Price
Jan 25, 2021 Sold
Premium
Sold
Jul 10, 2020 Listed by Howard Hanna Rand Realty $175,000
Listed by Howard Hanna Rand Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 6
  • 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: 10
  • Garage Square Area: 480
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 99,752
  • Lot Size Frontage Feet: 2,220
  • Total Building Area: 1,030
  • Building Area: 1,030
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,030
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002290
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Eldred Central School District
  • School Tax School District: ELDRED
  • Census Tract: 952500

Zoning

  • Zoning: GS

Geography

  • Account Number: 014120
  • District: 483800
  • Section: 14
  • Parcel: 483800 14.-1-69.5
  • Block: 1
  • Lot: 69.005
  • Municipality: LUMBERLAND
  • Latitude: 41.4785
  • Longitude: -74.8077

    Address

  • Full Address: 1073 County Route 31
  • Address - House Number: 1073
  • Address - Street Name: County Route 31
  • State: NY
  • City Name: Glen Spey
  • Carrier Code: H001
  • 4-Digit Zip Code: 5824
  • Zip Code: 12737

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 483401

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 211,748
  • High Value: 246,615
  • Low Value: 176,880

    Market Valuation

  • Market Total Value: $183,500
  • Market Land Value: $63,022
  • Market Improvement Value: $120,478

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $122,000
  • Assessed Land Value: $41,900
  • Assessed Improvements Value: $80,100

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021-905
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:

$389,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1960 ft²

Average Home Age

60.8 years

Currently For Sale

609 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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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1073 County Rd 31 built and last sold?
The property at 1073 County Rd 31 was built in 1967 and last sold on Dec 11, 2020 for $160,000.
How much is this home worth?
The estimated value of the home located at 1073 County Rd 31 is $183,355.
What are some comparable homes to 1073 County Rd 31?
There are currently no comparable homes to 1073 County Rd 31.
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