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Cairo 12413
11 Klingermann Drive
$285,000
● House - Off Market

11 Klingermann Drive

Cairo, NY 12413
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,244 Ft²
$1,747
Est. Monthly
8.42%
Cap Rate

About This Property

Welcome to this charming 3-bedroom, 1-bath brick ranch with a unique history. Built by an Italian stone mason in the 1970s, this home exudes character and quality craftsmanship. With only two owners since construction, it has been meticulously cared for & maintained. New boiler, and roof is just 5 years young! The open floor plan and spacious living areas create a warm and inviting atmosphere, perfect for gatherings and everyday living. Large bay windows flood the interior with natural light. Located in a quiet and private setting, this home offers tranquility while being conveniently close to all amenities. Close to Windham and Hunter Mtns, Catskill, Hudson and Saugerties. Presents a lucrative opportunity as a short term rental. Don't miss your chance to make it your own!
Unit Size
1,244 Ft²
Days on Market
100 days
Land Size
0.27 acres
Price per sqft
$249
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1970

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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: 2 years ago (Global MLS #202327974)

Price History

Date / Event Date Event Price
Feb 26, 2024 Sold
Premium
Sold
Dec 26, 2023 In contract -
In contract
Nov 9, 2023 No longer available -
No longer available
Nov 8, 2023 Listed by Core Real Estate Team $309,900
Listed by Core Real Estate Team
Oct 2, 2023 Listed by Core Real Estate Team $320,000
Listed by Core Real Estate Team
Show More

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,244
  • Building Area: 1,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,244
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Cairo-Durham Central School District
  • School Tax School District: CAIRO-DURHAM
  • Census Tract: 080502

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 81-207-15
  • District: 192400
  • Section: 100.00
  • Parcel: 192400 100.00-3-2
  • Block: 3
  • Lot: 2.000
  • Municipality: CAIRO
  • Latitude: 42.3046
  • Longitude: -74.0136

    Address

  • Full Address: 11 Klingermann Dr
  • Address - House Number: 11
  • Address - Street Name: Klingermann
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Cairo
  • Carrier Code: H081
  • 4-Digit Zip Code: 2819
  • Zip Code: 12413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $262,563
  • Tax Rate Code Area: 192401

    Appraisal Valuation

  • Standard Deviation: 0.1175
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 87
  • Final Value: 306,911
  • High Value: 342,989
  • Low Value: 270,833

    Market Valuation

  • Market Total Value: $156,265
  • Market Land Value: $22,113
  • Market Improvement Value: $134,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,600
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $54,600

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: D2024-461
  • Previous Sale Recording Date: Nov 08, 2002
  • Previous Sale Contract Date: Nov 07, 2002
  • Previous Sale Amount: $57,000
  • 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 Cairo

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$174

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1965 ft²

Average Home Age

64.4 years

Currently For Sale

5 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Patrick Dunn
Core Real Estate Team
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202327974
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 11 Klingermann Drive built and last sold?
The property at 11 Klingermann Drive was built in 1970 and last sold on Feb 16, 2024 for $285,000.
How much is this home worth?
The estimated value of the home located at 11 Klingermann Drive is $0.
What are some comparable homes to 11 Klingermann Drive?
There are currently no comparable homes to 11 Klingermann Drive.
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