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Putnam 10541
11 Archer Road
$350,000
● House - Off Market

11 Archer Road

Carmel, NY 10541
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,977 Ft²
$941,367
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Colonial farm house predating the Revolutionary War.Originally built in 1760. Main house has 2,977 sq.ft. w/5BR, 2BA. Needs updating but good condition. Features 2 stairways, 9' ceilings, original doors, fplc, hdwd flrs, encl. porch, walkup attic w/expansion potential, 10 yr. roof & hot water heater & furnace, 200amp service.Potential 3-4 lot subdivision.Stream and wetlands on property.Bring your imagination and creativity to make this your home. Taxes do not include Star $1,325 & can be grieved Additional Information: ParkingFeatures:2 Car Detached,
Unit Size
2,977 Ft²
Days on Market
-
Land Size
56.60 acres
Price per sqft
$168
Property Type
House
Property Taxes
$1,640
HOA Dues
-
Year Built
-

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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 #KEYH3317201)

Price History

Date / Event Date Event Price
Apr 23, 2014 Sold
Premium
Sold
May 29, 2013 Listed by Realty Teams Corp $499,000
Listed by Realty Teams Corp

Property Highlights

Garage
Fireplace
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:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2416 ft²

Average Home Age

57.5 years

Currently For Sale

272 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 198 Myrtle Avenue, Carmel, NY, 10512

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
198 Myrtle Avenue, Carmel, NY, 10512 Listing by Lawrence P. Zacks
Unit for rent at 174 Myrtle Avenue, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner
Unit for rent at 25 W Branch Road, Mahopac, NY, 10541

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,092 ft²
25 W Branch Road, Mahopac, NY, 10541 Listing by Lisa Bucolo

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 11 Archer Road built and last sold?
The property at 11 Archer Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 11 Archer Road is $503,990.
What are some comparable homes to 11 Archer Road?
There are currently no comparable homes to 11 Archer Road.
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