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Loch Sheldrake
11 Morris Drive
$245,000
● House - Off Market

11 Morris Drive

Fallsburg, NY 12759
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,230 Ft²
$268,996
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Move into this open-concept home. Newly remodeled to feel bright and airy, this three-bedroom, two-bathroom home is in a community that offers lake access, a swimming pool, and a clubhouse. A New kitchen with all new appliances invites you to cook up a feast. Improvements have been made from the ground up on this home: a new roof, freshly painted exterior, updated insulation, and heat. Call today to see this wonderful property before it is gone in the beautiful Sulivan Catskills.
Unit Size
1,230 Ft²
Days on Market
117 days
Land Size
0.17 acres
Price per sqft
$220
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1984

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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 #KEYH6257598)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Aug 31, 2023 In contract -
In contract
Jul 11, 2023 Relisted $270,000
Relisted
Jul 6, 2023 In contract -
In contract
Jun 30, 2023 Listed by Century 21 Geba Realty $270,000
Listed by Century 21 Geba Realty
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,230
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Fallsburg Central School District
  • School Tax School District: FALLSBURG
  • Census Tract: 950900

Zoning

  • Zoning: PD

Geography

  • Account Number: 2303
  • District: 482889
  • Section: 19.A
  • Parcel: 482889 19.A-8-11
  • Block: 8
  • Lot: 11
  • Municipality: FALLSBURGH (TOV)
  • Latitude: 41.7753
  • Longitude: -74.6515

    Address

  • Full Address: 11 Morris Dr
  • Address - House Number: 11
  • Address - Street Name: Morris
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Fallsburg
  • Zip Code: 12733

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 482801

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 82
  • Final Value: 262,327
  • High Value: 300,894
  • Low Value: 223,759

    Market Valuation

  • Market Total Value: $162,759
  • Market Land Value: $33,655
  • Market Improvement Value: $129,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,000
  • Assessed Land Value: $12,200
  • Assessed Improvements Value: $46,800

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Nov 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2023-9140
  • Previous Sale Recording Date: Feb 10, 2023
  • Previous Sale Contract Date: Feb 07, 2023
  • Previous Sale Amount: $115,000
  • 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 Loch Sheldrake

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$185

Below Asking

0.04%

Average Days on Market

118

Average Home Size

1210 ft²

Average Home Age

64.4 years

Currently For Sale

7 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 Morris Drive built and last sold?
The property at 11 Morris Drive was built in 1984 and last sold on Oct 31, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 11 Morris Drive is $272,700.
What are some comparable homes to 11 Morris Drive?
There are currently no comparable homes to 11 Morris Drive.
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